RULE 2-45. PROHIBITION OF LOANS BY COMMODITY POOLS TO CPOS AND AFFILIATED ENTITIES
[Adopted effective September 11, 2009.]
No Member CPO may permit a commodity pool to use any means to make a direct or indirect loan or advance of pool assets to the CPO or any other affiliated person or entity.
RULE 2-46. CPO QUARTERLY REPORTING REQUIREMENTS
[Effective date to be determined.]
Each CPO Member must report on a quarterly basis to NFA, for each pool that it operates and for which it has any reporting requirement under CFTC Regulation 4.22, the following information in a form and manner prescribed by NFA within 45 days after the end of each quarterly reporting period:
(a) The identity of the pool's administrator, carrying broker(s), trading manager(s); and custodian(s);
RULE 1-1. DEFINITIONS.
[Effective date of amendments: April 7, 1982; July 27, 1983; January 14, 1988; September 29, 1989; July 24, 2000; August 21, 2001; May 1, 2004; February 13, 2007.]
(a) "Act" -means the Commodity Exchange Act.
(b) "Actual Funds" - means the equity in a commodity trading account over which a CTA has trading authority and funds that can be transferred to that account without the client's consent to each transfer.
(c) "Appeals Committee" -means the Appeals Committee established under NFA Bylaw 702.
RULE 2-43. FOREX ORDERS
[Adopted effective May 15, 2009. Effective dates of amendments: June 12, 2009 and September 11, 2009.]
(a) Price Adjustments
(1) A Forex Dealer Member may not cancel an executed customer order or adjust a customer account in a manner that would have the direct or indirect effect of changing the price of an executed order except when:
RULE 2-44. FOREX CUSTOMER STATEMENTS
[Adopted effective June 1, 2009.]
Forex Dealer Members must provide customers with confirmations, daily statements, and monthly statements as provided in this rule.
(a) Confirmations
RULE 2-42. FOREX POOL REPORTING.
[Adopted effective November 30, 2008. Effective date of amendments: December 8, 2008.]
RULE 2-41. FOREX POOL OPERATORS AND TRADING ADVISORS
[Adopted effective November 30, 2008. Effective date of amendments: December 8, 2008.]
RULE 2-40. BULK ASSIGNMENT OR LIQUIDATION OF FOREX POSITIONS; CESSATION OF CUSTOMER BUSINESS.
[Adopted effective February 16, 2007. Effective dates of amendments: June 5, 2007.]
(a) Bulk Assignment, Transfer, or Liquidation. A Forex Dealer Member may not enter into a bulk assignment, transfer, or liquidation of forex positions or accounts unless the assignment, liquidation, or transfer complies with procedures established by NFA.
RULE 2-39. SOLICITING, INTRODUCING, OR MANAGING FOREX TRANSACTIONS OR ACCOUNTS.
[Adopted effective September 15, 2005. Effective dates of amendments: February 13, 2007; June 5, 2007; September 21, 2007; October 25, 2007; and April 1, 2009.]
RULE 2-38. BUSINESS CONTINUITY AND DISASTER RECOVERY PLAN.
[Adopted effective April 7, 2003.]
(a) Each Member must establish and maintain a written business continuity and disaster recovery plan that outlines procedures to be followed in the event of an emergency or significant business disruption. The plan shall be reasonably designed to enable the Member to continue operating, to reestablish operations, or to transfer its business to another Member with minimal disruption to its customers, other Members, and the commodity futures markets.
