Housekeeping, Reminders, and Updates

NFA Registration Update Effective June 1, 2014, NFA imposed a $1,000.00 late disclosure filing fee for members who fail to disclose or updateregistration records involving prior and/or current disciplinary matters. All disciplinary matters involving members and APs are considered properly disclosed if registrations are updated prior to NFA discovering them.  Non-disclosure of disciplinary actions will result in the $1000.00 fine. The NFA rule can be read here. CPO Reminder – Financial Statements must comply with GAAP (Generally Accepted Accounting Principles) NFA has recently been identifying and advising CPOs with regard to making sure their financial statements are in compliance with…

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