ARTICLE
8 July 2021

NFA Form PQR Amendments Are Now Effective

CW
Cadwalader, Wickersham & Taft LLP

Contributor

Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
NFA amendments to Compliance Rule 2-46 ("CPO and CTA Quarterly Reporting Requirements") went into effect on June 11, 2021.
United States Finance and Banking

NFA amendments to Compliance Rule 2-46 ("CPO and CTA Quarterly Reporting Requirements") went into effect on June 11, 2021. The amendments conform NFA Form PQR filing requirements to those of CFTC Form CPO-PQR.

In October 2020, the CFTC finalized amendments to Rule 4.27 ("Additional Reporting by Commodity Pool Operators and Commodity Trading Advisors"), which, among other things, (i) required reporting CPOs to file the revised Form CPO-PQR quarterly and (ii) allowed CPOs to submit NFA Form PQR instead of the revised Form CPO-PQR, but eliminated the ability of CPOs to submit Form PF in lieu of Form CPO-PQR.

NFA amended Compliance Rule 2-46 to (i) require CPOs to file NFA Form PQR within 60 days of each calendar quarter end and (ii) eliminate the provision that allowed CPOs to satisfy reporting requirements under Compliance Rule 2-46 by filing CFTC Form CPO-PQR.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More