Menu Close

How do I find my NFA ID?

How do I find my NFA ID?

If you are searching for information on a specific firm, individual or pool, visit NFA’s Background Affiliation Status Information Center (BASIC). If you are searching for a specific NFA rule or Interpretive Notice, use the search function within the NFA Rulebook.

Who are members of NFA?

NFA Members

  • Commodity Pool Operator (CPO)
  • Commodity Trading Advisor (CTA)
  • Futures Commission Merchant (FCM)
  • Forex Dealer Member (FDM)
  • Introducing Broker (IB)
  • Swap Dealer (SD)

How do I find an NFA broker?

How can I check the background of my broker or brokerage firm? To conduct a background check of your broker or firm, visit NFA’s Background Affiliation Status Information Center (BASIC). BASIC provides information concerning disciplinary actions taken by NFA, the CFTC and all the U.S. futures exchanges.

How many NFA members are there?

Member Firms 31, 2022, the NFA has 3,117 members.

What is NFA fee?

+ As of January 1, 2018, the NFA assessment fee, payable by FCMs with respect to futures contracts, is $. 02 per side, invoiced to customers. The assessment fee on both exchange-traded and dealer options is $. 02 per side or $.

Who is the NFA?

NFA is the industrywide, self-regulatory organization for the U.S. derivatives industry. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.

Who has to register with NFA?

The Commodity Exchange Act (CEA) requires certain firms and individuals that conduct business in the derivatives industry to register with the CFTC. CFTC regulations also require, with few exceptions, CFTC registered firms to be NFA Members. The CFTC has delegated registration responsibility to NFA.

Who needs to register with NFA?

How do I verify a trading company?

Legitimate brokers provide every detail of their licenses, financial statements, documents, user agreements, and other details. This information must be cross checked on regulator’s website and 3rd party sources. Make a deposit only after you are satisfied with your own research.

Who was the last NFA president?

Adolphus Pinson of Texas
There was a dramatic and emotional ceremony during the opening session of the National FFA Convention to recognize the joining of the two groups. During the opening session, FFA President, Kenneth Kennedy introduced the last NFA President, Adolphus Pinson of Texas for some remarks (see below).

Who has to register with the NFA?

How long does NFA registration take?

However, it may take six weeks or longer to complete all background checks before NFA can grant a full registration to initial applicants. If an individual is already registered or listed as a principal, it is possible to obtain registration in a new category as soon as the application is filed.

Is NFA a government agency?

The Philippines’ National Food Authority (Filipino: Pambansang Pangasiwaan ng Pagkain, abbreviated as NFA), is an agency of the Philippine government under the Department of Agriculture responsible for ensuring the food security of the Philippines and the stability of supply and price of rice, the Philippines’ staple …

How do you check if a broker is real?

You can find out if brokers are licensed in your state, if they’ve had run-ins with regulators or received serious complaints from investors. Go to and click on “FINRA BrokerCheck.” Or call 1-800-289-9999.

Which two individuals are recognized as the founders of the NFA?

In 1935 a meeting was held at Tuskegee Institute to establish the national New Farmers of America organization. George Washington Owens and H. O. Sargent are identified in the various NFA Guides as the founders of the New Farmers of America. Owens was an African American while Sargent was white.

What is the average wait time for a suppressor?

Right now, expect any form 4 application to take between about 250-370 days to process and an e-filed Form 1 to take about a month.

Who can be an NFA member?

All registered FCMs, RFEDs, IBs, SDs, MSPs, CPOs and those registered CTAs who direct client accounts or provide tailored investment advice must be NFA Members. CFTC registered APs of NFA Members must be NFA Associate Members. *Total membership counts each NFA Member entity once. However, many NFA Members are registered in multiple categories.

How do I access NFA’s online registration system?

In order to access NFA’s Online Registration System, NFA Members will need to designate a Security Manager. Firms, floor brokers and floor traders can obtain copies of their registration records or filings using NFA’s Online Registration System.

How do I search for information on an NFA rule?

If you are searching for information on a specific firm, individual or pool, visit NFA’s Background Affiliation Status Information Center (BASIC). If you are searching for a specific NFA rule or Interpretive Notice, use the search function within the NFA Rulebook.

What happens if I Can’t pay my NFA dues?

Members paying dues after the date they are payable shall be subject to a late payment fee of $25 per month. Under Bylaw 1303, failure to pay annual dues within 30 days of the due date will be deemed by NFA as a request by the Member to withdraw from NFA membership.