The self-regulatory organization responds to the US derivatives market’s shift to remote working arrangements.

By Yvette D. Valdez, Carlos Alvarez, Brett M. Ackerman, J. Ashley Weeks, and Deric Behar

As the novel coronavirus outbreak (COVID-19) continues to spread across the globe, causing various disruptions, derivatives regulators are addressing the resulting legal and regulatory uncertainty. This post provides an overview of recent relief and guidance from the National Futures Association (NFA), the self-regulatory organization for the US derivatives industry. Latham & Watkins will discuss recent US Commodity Futures Trading Commission (CFTC) relief in a separate alert and continue to provide updates to the derivatives community.