The National Futures Association (NFA) is the industrywide, self-regulatory organisation for the U.S. derivatives industry, ensuring Members meet their regulatory responsibilities. The Commodity Exchange Act requires the following firm categories to hold a NFA membership:
- Commodity Pool Operators,
- Commodity Trading Advisors,
- Futures Commission Merchants
- Introducing Brokers
As the Commodity Futures Trading Commission (CFTC) has delegated registration responsibility to NFA, submission of an NFA membership application fulfils CFTC registration requirements.
Helping you successfully register with NFA
To ensure your application progresses smoothly and successfully, our experts will provide support to:
- Ensure you have a full understand of the regulatory obligations applicable to your category and the application requirements prior to proceeding
- Draft the application pack and compile supporting documentation
- Review and editing relevant compliance procedures as required
- Help you to deal with NFA queries and provide detailed advice and guidance at every stage
Guiding you through the registration process
Our team provide a tailored support service with a dedicated relationship manager to guide you every step of the way. Combining expert in-country expertise alongside access to global subject matter expertise, we look beyond the rulebook with a deep understand of what NFA are looking for throughout the process
While the registration process can differ depending on your category and business activities, the registration process can typically take between 1-2 months to prepare materials and a minimum of 2 months for NFA to review and approve.
Key stages
- 1. Scoping and preparation
- 2. Preparing application materials
- 3. Application submission
- 4. Satisfying compliance requirements
- 5. Further information requests and ongoing application monitoring
- 6. Preparing Annual Questionnaire responses
- 7. Final decision and approval
Start your journey
Get in touch using the form below and a member of the team will get back you as soon as possible.
Start your journey
Get in touch using the form below and a member of the team will get back you as soon as possible.