NFA Articles

NFA Articles

Article XVIII, paragraph (k)

Article XVIII, paragraph (k)

(k) "Futures"-includes options contracts traded on a contract market, and such other commodity-related instruments as the Board may from time to time declare by Bylaw to be properly a subject of NFA regulation and oversight.

 

 

Article XI, Section 1

ARTICLE XI: BYLAWS

[Effective dates of amendments: February 7, 1986; January 1, 1990; August 16, 1993 and October 15, 2001.]

Section 1: Adoption, Amendment and Repeal.

Bylaws of NFA may be adopted, amended or repealed by a majority of all Directors in office at the time, except that the Board shall not take the following actions unless a two-thirds majority of all Directors present and voting approves: