Ask the NFA

1. During the course of an NFA audit, when an item is noted in the audit report, how is that viewed internally by NFA?  This depends on a number of factors. The purpose of examinations is to review compliance with NFA rules and CFTC regulations. NFA’s philosophy has always been to provide education and direction to its members to ensure…...

The full article is available to active NIBA members only.


Please login or sign up to read the rest. Membership is FREE for the first year in honor of our 25th anniversary
Log In Register

Fix Your Users!

The cyber security industry has gotten great at boundary defense.  “Firewalls, Firewalls, Firewalls” – that’s all you heard for a long time emanating from the boardroom.  Well the times they have changed.  Now there are so many regulatory bodies and frameworks to be in compliance with, it is a struggle to keep every mandate straight.  Questions like: ”Is your networking…...

The full article is available to active NIBA members only.


Please login or sign up to read the rest. Membership is FREE for the first year in honor of our 25th anniversary
Log In Register

Prepare for 2016; NFA Examination Focus

The National Futures Association (“NFA”) Rules and Commodity Futures Trading Commission (“CFTC”) regulations that govern the futures, forex, and swap trading industry are subject to continuous interpretation, amendment, and update. Staying abreast of these changes is a critical component of maintaining regulatory and operational compliance for your next examination. NFA regularly emails member firms to advise them of pertinent rule…...

The full article is available to active NIBA members only.


Please login or sign up to read the rest. Membership is FREE for the first year in honor of our 25th anniversary
Log In Register

NFA announces Dashboard webinar on February 25

announces Dashboard webinar on February 25 In preparation for the launch of the NFA Dashboard, the new entryway to NFA’s Online Registration System (ORS), NFA will conduct a webinar on Thursday, February 25, 2016, at 10:00 a.m. CST. ORS is the web-based application that allows firms and individuals to apply for CFTC registration and NFA membership, and to manage their…...

The full article is available to active NIBA members only.


Please login or sign up to read the rest. Membership is FREE for the first year in honor of our 25th anniversary
Log In Register

Cybersecurity for IBs, CTAs, and CPOs

The NFA recently adopted an Interpretive Notice titled “Information Systems Security Programs” (Cybersecurity Interpretive Notice). This new NFA policy, which goes into effect March 1, 2016, requires FCMs, IBs, CTAs, CPOs, RFEDs, SDs and MSPs to implement a cybersecurity program in order to meet existing obligations to diligently supervise trading activities. Every registrant will be required to put in place…...

The full article is available to active NIBA members only.


Please login or sign up to read the rest. Membership is FREE for the first year in honor of our 25th anniversary
Log In Register

It’s a Shield, not a Sword

Brian Clark is the CEO of Ascent Technologies, Inc. (www.Ascent.is), a company that offers a compliance platform for users to help them identify, track, and manage the vast amount of regulations with which their firm has to comply. Businesses on the wrong side of the law often feel as if they’d been bludgeoned by instruments of jurisprudence, bearing a distinct…...

The full article is available to active NIBA members only.


Please login or sign up to read the rest. Membership is FREE for the first year in honor of our 25th anniversary
Log In Register

The CFTC’s Proposal to Regulate Automated Trading: Our Top 10 Takeaways

The Commodity Futures Trading Commission (“CFTC”) has proposed a new rule — so-called Regulation AT — to regulate the use of automated, or algorithmic, trading systems that trade commodity interests (e.g., futures and swaps).  The CFTC’s proposal comes at the end of a year that saw a noticeable increase of enforcement actions arising from disruptive trading practices, including spoofing and…...

The full article is available to active NIBA members only.


Please login or sign up to read the rest. Membership is FREE for the first year in honor of our 25th anniversary
Log In Register

Ask the NFA

As your industry advocate, the NIBA provides many services which help your business stay in compliance with NFA regulations. “Ask the NFA,” is the way you can ask questions about those regulations and compliance requirements without having to call NFA directly. Just email us at [email protected] and we will get the answers for you. Please keep in mind the purpose…...

The full article is available to active NIBA members only.


Please login or sign up to read the rest. Membership is FREE for the first year in honor of our 25th anniversary
Log In Register

NIBA – Get to Know the Regulator

U.S. Commodity Futures Trading Commission  Division of Clearing and Risk Who is in charge of the Division of Clearing and Risk:  DCR is run by a Director, who is assisted by the DCR Deputy Directors and Chief Counsel. Jeffrey Bandman is the Acting Director, and the Deputies and their respective branches are as follows: Eileen Donovan, Deputy Director of Clearing…...

The full article is available to active NIBA members only.


Please login or sign up to read the rest. Membership is FREE for the first year in honor of our 25th anniversary
Log In Register

The Clock is Ticking; Required Cybersecurity Policies

The headlines in today’s paper should read: “The Wild West is back! Stick ups and heists at an all-time high!” Only today the villain is not riding up to a stage coach on a horse or storming a bank with police sirens in the background. Today’s banks also aren’t holding gold bullion and stacks of bills. Rather today’s “banks” are…...

The full article is available to active NIBA members only.


Please login or sign up to read the rest. Membership is FREE for the first year in honor of our 25th anniversary
Log In Register