If an SRO finds me in violation of investment-related statutes or regulations in connection with a disciplinary action, am I required to answer “yes” to Form 7-R / 8-R question E?
No. Only findings made by a domestic or foreign governmental body (other than the CFTC) require disclosure under Form 7-R / 8-R Regulatory Disclosure Question E. However, sanctions imposed by an SRO (other than NFA or a domestic futures exchange) or domestic or foreign governmental body (other than the CFTC) may require disclosure under Form 7-R / 8-R Regulatory Disclosure Question G. NFA’s Registration Investigations staff is available at (312) 781-1410 or (800) 621-3570 if you’ve read the Disciplinary Information-Regulatory Disclosure questions and you are not sure whether a regulatory action requires disclosure. For the definition of SRO and investment-related statutes visit the Instructions and Definitions section of the Form 8-R.
