Inside National Futures Association Cybersecurity Guidance

Law360, New York (October 2, 2015, 11:09 AM EDT) -- New cybersecurity guidance proposed by the National Futures Association reflects a growing trend of focusing on cyber and information security risks for potential regulatory initiatives and enforcement actions. The NFA, the self-regulatory organization for the U.S. derivatives industry, issued the proposed interpretive notice on Aug. 28, 2015. Under the new guidance, NFA registrants are expected to develop and implement written procedures governing cyber and information security, regularly train their employees, and annually review their cybersecurity programs....

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