The Nationwide Futures Affiliation (NFA), the US self-regulatory physique for derivatives markets, has launched a brand new compliance rule relating to member conduct. The brand new rule enhances the necessities issued in 2018.
The NFA has “properly over 100” members who have interaction in actions with digital belongings, however no solution to deal with fraud or misconduct by these members, the group clarify to Commodity Futures Buying and selling Fee (CFTC) Secretary Christopher Kirkpatrick in a Feb. 28 letter as he submitted the proposed new rule for approval.
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