On January 19th, the National Futures Association advised that FinCEN recently issued three new pieces of information regarding suspicious activity reports ("SARs") applicable to FCM and IB Members. First, FinCEN issued new rules governing the confidentiality of SARs. Second, FinCEN issued new guidance which permits FCMs and IBs to share SARs with certain affiliates. Both the final rules and guidance became effective on January 3, 2011. NFA Information Notice I-11-04.