The National Futures Association announced that its proposed penalty fee of $200 for each business day late a commodity pool operator and commodity trading advisor files their quarterly form PQR or PR will go into effect with reports dated September 30 or later. CPOs are required to file Form PQR each quarter to provide NFA information about their operations and the operations of pools they operate. CTAs are similarly required to file Form PR each quarter to provide NFA information about themselves, their trading programs, the pool assets they direct and principal-carrying broker relationships, among other information.