January 1, 2016
General Compliance Issues faced by NFA Members
NFA Members must maintain and have available for inspection books and records that support and explain all aspects of the Member’s commodity futures business. These records must be maintained in an orderly fashion at the Member’s main business. All required books and records must be kept for five years and readily accessible for the most recent two years. Additionally, NFA Rules place a continuing responsibility on each Member to have the necessary policies and procedures in place to diligently supervise its employees and agents…
