NFA Requires New Disclosures for Virtual Currency Activities

Effective October 31, 2018, the NFA is requiring new disclosures for CPOs and CTAs under NFA Compliance Rule 2-4 and Rule 2-29. The disclosures, outlined in NFA Interpretive Notice 9073, specifically relate to those CPOs and CTAs engaged in virtual currency activities. This comes on the heels of the new Memorandum of Understanding (MOU) between the SEC and CFTC in July, which solidifies information sharing between the agencies. The new NFA guidance was issued to…

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