The National Futures Association (NFA) published a reminder that commodity pool operators (CPOs) and commodity trading advisors (CTAs) claiming an exemption or exception from registration with the CFTC must affirm their status with the NFA by February 29, 2016.
The National Futures Association (NFA) published a reminder that commodity pool operators (CPOs) and commodity trading advisors (CTAs) that are claiming either of the following exemptions from registration with the CFTC must affirm their status with the NFA by February 29, 2016:
CPO registration under CFTC Regulations 4.5, 4.13(a) 4.13(a)(2), 4.13(a)(3), and 4.13(a)(5).
CTA registration under CFTC Regulation 4.14(a)(8).
The NFA sends out reminders to affirm during the affirmation period. This affirmation can be completed on the NFA's website under the Exemption System. The NFA has also provided guidance on the annual affirmation requirement for entities currently operating under an exemption or exclusion from CPO or CTA registration.