On May 30th, the National Futures Association announced that effective July 1, 2013, the requirements of NFA Financial Requirements Section 16 and the related interpretive notice entitled NFA Financial Requirements Section 16: FCM Financial Practices and Excess Segregated Funds/Secure Amount/Cleared Swaps Customer Collateral Disbursements, will apply to FCMs holding cleared swaps customer collateral (itself or at a permitted depository). NFA Notice I-13-14.