The NFA has announced that it has repealed Interpretive Notice 9071, which previously required CPO and CTA Members to report certain quarterly financial ratios under Compliance Rule 2‑46. This change is effective immediately.
The repeal aims to reduce reporting burdens, as the financial ratios were found to be of limited value in identifying firms with potential financial issues. The NFA noted that other existing financial reporting requirements – such as those under Compliance Rule 2‑50 – are more effective for monitoring the financial health of commodity pools.
For additional details, the NFA’s March 3, 2026 rule submission letter to the CFTC provides further background.
As always, please feel free to reach out to RQC Group if we can assist with this update or any related compliance needs.
