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Old Mar 19th, 2012, 11:02 PM   #1
cooltraderabhi
 
 
Join Date: Mar 2012
Posts: 49
Hi,

Can someone please tell me how much time does it take to get an approval from the NFA for the ddocs. Also what steps can I take in order to get a speedy approval?

- Thanks
Cooltraderabhi
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Old Mar 20th, 2012, 12:03 PM   #2
Epic
 
 
Join Date: Apr 2011
Posts: 932
Quote:
Quote from cooltraderabhi:

Hi,

Can someone please tell me how much time does it take to get an approval from the NFA for the ddocs. Also what steps can I take in order to get a speedy approval?

- Thanks
Cooltraderabhi
Generally takes 2-3 months. There are a couple things that slow it down.

1)Not having your series 3 completed.
2)Choosing anything other than a 2/20 fee structure.
3)Having missing/incomplete info.
    Quote
Old Mar 20th, 2012, 01:02 PM   #3
cooltraderabhi
 
 
Join Date: Mar 2012
Posts: 49
Hi,

I have a proprietary account that I trade which I would like to add to my disclosure document. How much time would it take to get an updated ddocs from the NFA. Will they still take another 2-3 months?
    Quote
Old Mar 20th, 2012, 01:23 PM   #4
Epic
 
 
Join Date: Apr 2011
Posts: 932
Quote:
Quote from cooltraderabhi:

Hi,

I have a proprietary account that I trade which I would like to add to my disclosure document. How much time would it take to get an updated ddocs from the NFA. Will they still take another 2-3 months?
Not sure I follow. You already have an approved ddoc?

Simply adding info to an existing doc should be a bit faster. But why didn't you include it in the first draft?
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