NFA - Disclosure documents

Discussion in 'Professional Trading' started by cooltraderabhi, Mar 19, 2012.

  1. 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
  2. Epic


    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.
  3. 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?
  4. Epic


    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?