NFA adds filings for FCMs accepting digital assets as margin collateral

What changed

NFA announced new filing obligations for futures commission merchants that accept non-securities digital assets as margin collateral.

Who it affects

• FCMs, derivatives customers, commodity pools, CTAs, investment advisers, and clients posting digital-asset collateral

What is still open

• Firm implementation practices and any later amendments as CFTC collateral relief evolves

What it means for an advisor

• Confirm FCM filing status and integrate digital-collateral eligibility, valuation, custody, liquidity, and disclosure controls into diligence.