Who is required to register with the CFTC?

As set forth in CFTC Regulation 30.4, any domestic or foreign person engaged in activities like those of a futures commission merchant (FCM), introducing broker (IB), commodity pool operator (CPO), or commodity trading advisor (CTA) must register in the appropriate capacity or seek an exemption from registration under …

Who carries out CFTC registration?

The Commodity Exchange Act requires certain firms and individuals to be registered with the CFTC. Registration and examination of intermediaries is conducted on behalf of the CFTC by the National Futures Association (NFA) under the supervision of the CFTC.

What is a CFTC registrant?

The U.S. Commodity Futures Trading Commission (CFTC) is an independent agency of the US government that regulates, amongst other entities, “commodity pool operators” (CPOs) and “commodity trading advisers” (CTAs).

Who is defined as a CFTC registered intermediary?

This term means any person engaged in a business which is of the nature of a commodity pool, investment trust, syndicate, or similar form of enterprise, and who, in connection therewith, solicits, accepts, or receives from others, funds, securities, or property, either directly or through capital contributions, the …

Does an associated person need to register with the CFTC?

Intermediaries are generally required to register with the CFTC. Associated Persons (APs) also must register and their principals must be listed. Floor Traders (FTs) are also required to register.

What does CFTC stand for?

Commodity Futures Trading Commission
Commodity Futures Trading Commission (CFTC): The Federal regulatory agency established by the Commodity Futures Trading Act of 1974 to administer the Commodity Exchange Act.

Do associated persons need to register with CFTC?

What does NFA stand for CFTC?

When Congress created the CFTC, it simultaneously authorized the CFTC to establish registered futures associations with authority to regulate the practices of its Members. NFA is the sole registered futures association.

What is CFTC regulations?

The Commodity Futures Trading Commission (CFTC) is an independent agency of the US government created in 1974, that regulates the U.S. derivatives markets, which includes futures, swaps, and certain kinds of options. The Commodity Exchange Act (CEA), 7 U.S.C.

Who Has to Register. The Commodity Exchange Act (CEA) requires certain firms and individuals that conduct business in the derivatives industry to register with the CFTC. CFTC regulations also require, with few exceptions, CFTC registered firms to be NFA Members. The CFTC has delegated registration responsibility to NFA.

What makes a non u.s.firm exempt from CFTC registration?

A non-U.S. firm is a non-U.S. organization that transacts business directly with U.S. customers solely in futures contracts and options traded on non-U.S. exchanges. Under certain circumstances, some non-U.S. firms are exempt from CFTC registration.

Who are registered broker dealers in the CFTC?

Notice registered broker dealers are registered CFTC FCMs and IBs that limit their security related transactions to trading security futures products.

How are fund of funds subject to CFTC rules?

Managers to a fund of funds (FoF) are also subject to the CFTC rules for registration by virtue of the FoF’s indirect exposure to commodity interests, where such interests are held by the FoF underlying investee funds. Consequently, managers to a FoF are affected by the rescission of rule 4.13 (a) (4).

Who is required to register with the CFTC? As set forth in CFTC Regulation 30.4, any domestic or foreign person engaged in activities like those of a futures commission merchant (FCM), introducing broker (IB), commodity pool operator (CPO), or commodity trading advisor (CTA) must register in the appropriate capacity or seek an exemption from registration…