By Crystal Travanti and Tom Watterson
In April of this year, the NFA issued a notice to its members introducing a new quarterly filing requirement for CTAs, Form NFA-PR. Each registered CTA with a reporting requirement under CFTC Regulation 4.27 must file NFA Form PR on a quarterly basis with the NFA within 45 days after the end of each quarter. The first calendar quarter triggered by the rules is September 30, 2013, and there is an upcoming NFA-PR filing date of November 14, 2013 (45 days after the close of the calendar quarter).
Form NFA-PR will require general information about the CTA, its trading programs, the pool assets directed by the CTA and the identity of the CPOs that operate those pools, as well as information about certain trading programs being offered by the CTA, including the monthly rates of return and the assets under management of those programs.
An example of Form NFA-PR can be found here.
NFA-PR is based off of the CFTC’s form (CTA-PR), which is required to be filed annually with the NFA. The filing of NFA-PR will satisfy a CTA’s obligation to file Form CTA-PR.
Good day. Good filing. TSR