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Nov. 12, 2008

CFTC Approves New National Futures Association Rules Mandating Forex-Specific Risk Disclosure Statement, Periodic Account Statements and Annual Reports

  • Christopher Faille
    Hedge Fund Law Report
The Commodity Futures Trading Commission has approved new National Futures Association Compliance Rules 2-41 and 2-42, effective November 30, 2008. The new rules change the disclosure and reporting regimes for hedge funds and others that trade foreign exchange – we explain how.

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