The National Futures Association reminded members they are prohibited from dealing with persons required to be registered with the Commodity Futures Trading Commission and a member of the NFA who are not. To better comply with this obligation, the NFA also issued guidance to members regarding how they might ensure they are not violating this requirement when they deal with commodity pool operators and commodity trading advisors who are validly exempt or excluded from registration. Ordinarily, information on validly exempted or excluded CPOs and CTAs can be found on NFA’s website; however, because exempted or excluded from registration CPOs and CTAs have 60 days from year-end to mandatorily file renewed notices of their status, such evidence may be difficult to obtain through February 29, 2016.