CFTC Requires NFA Membership for Registered Intermediaries

The CFTC has adopted a final rule, CFTC Rule 170.17, which will require almost all IBs, CTAs and CPOs to become NFA Members.  CFTC Rule 170.17 requires each person or entity registered as an IB, CTA or CPO to also be a member of a “registered futures association,” subject to a narrow exception for registered…...

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