The National Futures Association ("NFA") made a minor change to the Commodity Pool Operator ("CPO") Form PQR with respect to the reporting of investor disclosures. The change concerns the imposition of redemption restrictions, and the lifting of such restrictions, on commodity pools. The amended form provides a separate box for each date on which such investor disclosures were provided; the form previously allowed for all disclosure dates to be entered into only one box. The change will be effective beginning with the quarter ending on September 30, 2016.
In addition, the NFA reminded CPOs and Commodity Training Advisors ("CTAs") that they face a $200 late fee for each business day that they file their quarterly NFA Form PQR or PR after the due date. The late fee is effective beginning with reports dated September 30, 2016 and later.
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