The notification requirement kicks in “when specified market or other events affect a commodity pool’s ability to fulfill its participant obligations”
Several investors asked him to cease trading in their accounts. “However, Chopra failed to honor these requests and lied by misrepresenting that he had ceased ...
If your risk assessment deems it appropriate, you can make your 2023 branch office exams remote as well, the NFA states
Mistakes around these items cause the most exam deficiencies among CPOs/CTAs that are NFA members
A new guide to help with the transition to SOFR
A failure to provide the annual affirmation can result in the exemption being withdrawn
This and other actions by the CPO caused it not to “satisfy its duty of disclosure to participants and prospective participants,” which amount to fraud
Ironically, the government will get a big chunk of the cash back because whistleblower awards are taxable
"My poor judgement was that I failed to review these internal reports daily and take note of the fact that the reports was [SIC] not ...
Blame another regulatory change on the pandemic. The NFA has revised its rule regarding reporting branch offices on Form 7-R because of the continuing turmoil ...