NFA Adds Virtual Currency and Micro Contract-Related Questions to Annual Questionnaire

December 6, 2021

On December 6, 2021, the U.S. National Futures Association (“NFA”) issued a Notice to members #I-21-42 which advised members that the NFA had added virtual currency and micro contract-related questions to it annual questionnaire.

Notice I-21-42 provided as follows:

Notice I-21-42

December 06, 2021

Action required: NFA adds virtual currency and micro contract-related questions to Annual Questionnaire

NFA Members must complete the Annual Questionnaire annually and update it throughout the year to reflect significant changes in business activity. Due to recent increased interest and activity in virtual currency and micro contract products, NFA has updated the Questionnaire to address Members’ spot/physical virtual currency, virtual currency derivatives and micro contract transactions.

NFA requires all CPO, CTA, FCM, FDM and IB Members to complete the new questions as soon as possible to avoid unnecessary inquiries.

If you have questions, please contact Kaitlan Chi, Senior Manager, Compliance ([email protected] or 312-781-1219).

The Annual Questionnaire can be accessed here.