The National Futures Association (NFA) submitted to the Commodity Futures Trading Commission for approval a proposal to amend NFA Registration Rules 203 and 214. Currently, the late termination notice rule imposes a $100 fee on a registrant that files a notice terminating an individual as an associated person or as a principal more than 20 days after the effective date of the termination. NFA proposes to increase the 20-day window to 30 days. The proposed amendments will bring NFA’s filing period and late fee rule into alignment with the corresponding provisions of National Association of Securities Dealers Bylaws. Since Commission Regulation 3.31(c)(1) also contains a 20-day filing requirement, NFA is concurrently submitting a Petition for Rulemaking to amend that regulation.