NFA issues rules for business continuity plans

The US National Futures Association (NFA) has issued a new rule governing business continuity and disaster recovery plans due to become effective on 1 July.

Approved by Commodity Futures Trading Commission, NFA Compliance Rule 2-38 requires all NFA members to establish and maintain a written business continuity and disaster recovery plan that outlines procedures to be followed during an emergency or significant business disruption. The rule also requires members to provide NFA with information for...