CFTC Adopts Rule Requiring IBs, CPOs and CTAs to Register with Futures Association (Fed. Reg.)

The CFTC's new rule that requires all CFTC members registered as introducing brokers, commodity pool operators or commodity trading advisors to become and remain members of at least one registered futures association (i.e., the National Futures Association) was published in the Federal Register.

The effective date for the Final Rule is November 13, 2015. All members who are subject to the Final Rule must comply by December 31, 2015.