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Revising Initial Expectations: CFTC Proposes Substantial Amendments to Form CPO-PQR and Related Requirements

Key Points - - The CFTC is proposing to eliminate large sections of current Form CPO-PQR. - Revised Form CPO-PQR would have a quarterly filing requirement for all CPOs (regardless of size) and would ask them to provide...more

4/20/2020  /  CFTC , Commodities

Some Financial Businesses May Be Ineligible for the SBA's Paycheck Protection Program

At least some financial markets and funds businesses are likely precluded from applying for the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) as a result of an...more

The CARES Act: An Overview of Programs Impacting Financial Businesses

Key Points - The widely publicized Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), providing an estimated $2 trillion dollars of COVID-19 relief to Americans, has passed both chambers of Congress and...more

National Futures Association Proposes Overhaul of its Member Requirements for the Supervision of Branch Offices and Guaranteed...

The National Futures Association (NFA) has proposed updated guidance (the Proposed Guidance) for all of its member firms—including futures commission merchants (FCMs), retail foreign exchange dealers (RFEDs), introducing...more

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