NFA Repeals NFA Interpretive Notice 9073 and Amends NFA Compliance Rule 2-51

The NFA adopted Interpretive Notice 9073 in 2018 when the virtual currency market was far smaller and outside of the mainstream markets. By requiring NFA members to inform their customers that the NFA did not have authority over the spot digital commodity transactions engaged in with an NFA member it provided a stopgap until the regulatory landscape could develop further….
By: Akin Gump Strauss Hauer & Feld LLP