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NFA Highlights Common Compliance Deficiencies for Swap Dealer Members

On February 12, 2024, the National Futures Association (NFA) published Notice I-24-05 (the Notice), which included its annual highlights of common deficiencies amongst its Swap Dealer (SD) members. NFA identified common deficiencies relating to the six regulatory areas noted below: Capital Requirements Calculation of Initial Margin Using Risk-based Models Swap Data Reporting Required Records Business […]