The National Futures Association (NFA) has filed for approval by the Commodity Futures Trading Commission a new Compliance Rule 2-44, as well as conforming amendments to NFA’s Interpretive Notice Regarding Forex Transactions, that would set out in greater specificity the information that must be included in statements provided to the customers of Forex Dealer Members (FDMs). The new rule is modeled generally after CFTC 1.33, which governs futures transactions, and is intended to standardize the content of FDM customer statements by replacing the more general content requirements currently set forth in NFA’s Interpretive Notice with a detailed list of required information. Among the specific items set forth in the new rule, FDMs would be required to prominently display the customer’s account equity (including all realized and unrealized profits and losses) in each daily, monthly and/or quarterly statement. The new rule would permit FDMs to provide customers with daily statements electronically, and to provide confirmations and monthly/quarterly statements electronically with the customer’s consent.