NFA Revises CPO Form PQR and CTA Form PR

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The National Futures Association (NFA) has made enhancements to the CPO Form PQR and CTA Form PR (CPR) effective for the quarter ending June 30.

In the PQR, commodity pool operators may no longer list themselves as trading managers for pools that they operate. PQRs also include footing validations in the Schedule of Investments, which will ensure that the sum of the sub-categories is not greater than the sum for the applicable category.

In both the PQR and CPR, firms may now access both active and ended relationships by clicking on the text underneath a relationship table. To reinstate an ended relationship, a firm may simply add the relationship and select a start date after the last indicated end date.

More information is available here.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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