NFA'S FUNCTIONS EXPLAINED
Table of Contents

[¶ 1001] NFA in Brief

[¶ 1001.1] Nature
[¶ 1001.2] Principal Features
[¶ 1001.3] Objectives
[¶ 1001.4] Organizing Efforts

[¶ 1002] NFA Structure

[¶ 1002.1] Board of Directors
[¶ 1002.2] Executive Committee
[¶ 1002.3] Election to the Board
[¶ 1002.4] Mandatory Membership

[¶ 1003.1] NFA's Regulatory Operations

[¶ 1003] Financial Requirements
[¶ 1003.2] Ethical Standards
[¶ 1003.3] Members and Associates
[¶ 1003.4] Membership Screening
[¶ 1003.5] Disciplinary Proceedings
[¶ 1003.6] Arbitration Proceedings

[¶ 1004] Funding

[¶ 1004.1] Exchanges
[¶ 1004.2] FCMs
[¶ 1004.3] Forex Dealer Members
[¶ 1004.4] Other Members

[¶ 1005] Genesis of the NFA Concept

[¶ 1005.1] Initial Industry Concerns
[¶ 1005.2] FIA Proposal
[¶ 1005.3] Industry Response
[¶ 1005.4] Motivating Factors
[¶ 1005.5] Building Consensus
[¶ 1005.6] Antitrust Division Objections
[¶ 1005.7] Congress Responds
[¶ 1005.8] The Registration Process
[¶ 1005.9] 1982 Congressional Affirmation

[¶ 1006] Preliminary Statement to NFA's March 16, 1981 Application for Registration Under Section 17 of the Commodity Exchange Act

[¶ 1007] NFA Organizing Committee (1976-1982)

[¶ 1008] NFA's Mission Statement