September 10, 2015

CFTC Approves Final Regulation Requiring All Registered Introducing Brokers and Commodity Pool Operators, and Certain Registered Commodity Trading Advisors to Be Members of a Registered Futures Association

Washington, DC — The U.S. Commodity Futures Trading Commission (Commission) today issued a final rule, new Commission regulation 170.17, requiring that all registered introducing brokers and commodity pool operators, and certain commodity trading advisors (CTAs) become and remain members of a registered futures association (RFA). All persons subject to the final rule must comply by December 31, 2015.

Registered CTAs who qualify for an exemption from registration as a CTA based on Commission regulation 4.14(a)(9) are not subject to this requirement to become a member of an RFA. Currently, the National Futures Association is the only RFA.

Last Updated: September 10, 2015