CTAs Seeking CFTC Third-Party Recordkeeping Relief
Per the CFTC’s Division of Swap Dealer and Intermediary Oversight Exemptive Letter No. 17-24 of April 20, 2017, registered commodity trading advisors (CTA) can be relieved from keeping the books and records at the main business office.
- Any CTA using a third-party recordkeeper must file a notice of claim with the CFTC following the procedures in the exemptive letter.
- Any CTA that files this notice of claim must notify NFA by accessing NFA’s Exemptions System
- See NFA Notice to Members I-17-11 for the access steps.
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