Security Futures Products
Security futures products (SFP) are futures whose underlying instrument is either a single security or a narrow-based security index. SFPs are considered both a futures and securities contract and are regulated by both the SEC and the CFTC.
See NFA resources, including the
Risk Disclosure Statement, and
publications related to
security futures products.
Rules
- Compliance Rule 2-7: Branch Office Managers and Designated Security Futures Principals
- Compliance Rule 2-8: Discretionary Accounts
- Compliance Rule 2-29: Communications with the Public and Promotional Material
- Compliance Rule 2-30: Customer Information and Risk Disclosure
- Compliance Rule 2-37: Security Futures Products
Interpretive Notices
- Interpretive Notice 9041 - Obligations to Customers and Other Market Participants
- Interpretive Notice 9042 - NFA Compliance Rule 2-9: Special Supervisory Requirements for Members Registered as Broker-Dealers Under Section 15(b)(11) of the Securities Exchange Act of 1934
- Interpretive Notice 9043 - NFA Compliance Rule 2-29: Use of Past or Projected Performance; Disclosing Conflicts of Interest for Security Futures Products
- Interpretive Notice 9044 - NFA Compliance Rule 2-4: Broker-Dealer Registration Requirements for Security Futures Products
- Interpretive Notice 9047 - NFA Compliance Rule 2-37: Fair Commissions
- Interpretive Notice 9048 - NFA Compliance Rule 2-4: The Best Execution Obligation of NFA Members Registered as Broker-Dealers Under Section 15(b)(11) of the Securities Exchange Act of 1934
- Interpretive Notice 9049 - NFA Compliance Rules 2-7 and 2-24 and Registration Rule 401: Proficiency Requirements for Security Futures Products
- Interpretive Notice 9050 - NFA Compliance Rule 2-30(b): Risk Disclosure Statement for Security Futures Contracts