Managers relying on exemptions under Commodity Futures Trading Commission (CFTC) Rules 4.13, 4.14, and 4.5 must complete their required annual affirmation within 60 days of year-end. Our Investment Funds Team highlights key considerations for the 2025 cycle, including steps for completing affirmation in the National Futures Association (NFA) Exemptions Filing System.
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2025 NFA Affirmation Required for Key Exemptions Under CFTC Rules


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