NFA issued separate Complaints charging two NFA-registered introducing brokers with AML program violations and recordkeeping and capital minimum failures. NFA charged DMFiala LTD ("DMF") with failing to fully implement the firm's anti-money laundering ("AML") program, thereby violating NFA Compliance Rule 2-9(c). NFA found that DMF was required to have its 2013 annual audit of its AML program completed by May 31, 2013, but did not have the audit completed until August 2013. Additionally, NFA found that DMF's 2007 audit was late by approximately 12 months, and that DMF was over four months late

NFA issued a Complaint and Decision charging an NFA-member futures commission merchant ("FCM") with failing to report balances of its customers' segregated funds accounts to NFA through the daily confirmation system. NFA Financial Requirements Sections 4(c) and 4(d) require an FCM that holds customer segregated funds and customer secured amount funds to instruct the depositories that hold such funds to report the balances to NFA, or a third party designated by NFA, on a daily basis. Pursuant to a settlement offer submitted by the FCM, the firm was ordered to pay a $17,500 fine to NFA. See: NFA

NFA issued a Complaint and Decision charging UBS Financial Services, Inc. ("UBS"), an NFA-registered futures commission merchant ("FCM"), with withdrawing more than 25 percent of the target residual interest amount. Additionally, NFA charged UBS with failing to obtain written pre-approval of a financial principal and submit such pre-approval to NFA prior to making such withdrawal as provided under NFA Financial Requirements Section 16(a). NFA Financial Requirements Section 16(c) provides that no FCM may withdraw, transfer, or otherwise disburse funds from foreign futures and foreign options

The FINRA proposal to extend the expiration date of the refund program under FINRA Rule 3110.15 ("Temporary Program to Address Underreported Form U4 Information") was published in the Federal Register and is effective immediately. The program is being extended from July 31, 2015 until December 1, 2015. Comments may be submitted until April 10, 2015. See: 80 FR 15041; SR-FINRA-2015-005. Related news: FINRA Proposes Extending Expiration Date of Refund Program to Address Underreported Form U4 Information (March 4, 2015).

The CFTC issued four separate no-action letters to individual CPOs and CTAs granting relief from reporting requirements. In Letter 15-10, the CFTC granted no-action relief to the CPO of two commodity pools from the annual report requirement in CFTC Rule 4.7(b)(3) to allow the CPO to file an annual report for the pools for the period from December 1, 2014, the date the pools began operations, to December 31, 2015. The CPO also submitted signed waivers from its four pool participants, indicating their consent to receive such an annual report. In Letter 15-11, the CFTC granted no-action relief to