Proposed Amendments to Code of Arbitration and NFA Compliance Rule 2-53

The proposed amendments to Section 1 of the Code adds “fully collateralized cleared swaps transactions” as one of the enumerated contracts that is subject to NFA’s mandatory arbitration provision. The amendments also specify that for purposes of the Code, a fully collateralized cleared swap is limited to a cleared swap involving a non-ECP customer.

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Stay On Top Of The Debt Relief Industry's Regulatory Landscape

On November 6-7, 2022, Shipkevich PLLC will be hosting a Regulatory Workshop in Costa Mesa, California focusing on the fundamental regulatory issues facing debt relief professionals and how they can adapt.