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within Intellectual Property, Government, Public Sector, Food, Drugs, Healthcare and Life Sciences topic(s)
with readers working within the Consumer Industries industries
NFA reminded any person with an
exclusion/exemption from CPO or CTA registration to affirm the
related notice of exemption by February 29, 2020.
NFA stated that current active exemptions from CPO or CTA
registration that are not affirmed in a timely manner will be
withdrawn on March 1, 2020. Additionally, withdrawal of exemption
will result in (i) registered CPOs or CTAs being subject to CFTC Rule Part 4 requirements and (ii)
non-registrants being subject to potential CFTC enforcement
actions.
NFA further advised that any person or entity claiming an
exemption can complete the affirmation process through the NFA Exemption System at the NFA Electronic
Filings tab on its website.
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guide to the subject matter. Specialist advice should be sought
about your specific circumstances.