Preparing For The New NFA Cryptocurrency Requirements

By J.P. Bruynes and Stephanie Bradford (October 24, 2018, 3:45 PM EDT) -- The Oct. 31 effective date is fast approaching for the National Futures Association disclosure requirements regarding virtual currency. Since the virtual currency market remains largely unregulated and opaque, the NFA has responded by adopting an interpretive notice that establishes disclosure requirements for futures commission merchants (FCM), introducing brokers (IB), commodity pool operators (CPO) and commodity trading advisers (CTA) that engage in virtual currency activities. While the NFA elected not to define virtual currency, the NFA stated in in a webinar hosted on Oct. 11 that the intent is for the term to broadly cover all kinds of digital assets and cryptocurrencies....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!