Swap Dealer Ethics – Periodic 2025

This course is designed to satisfy the CFTC and NFA ethics training requirements for Swap Dealers and their Associated Persons, and other registered individuals. An amendment to NFA Rule  2-9(d) regarding supervision confirms long-standing ethics training obligations that apply to futures registrants also extend to Swap Dealers. Drawing upon our decades-long expertise in delivering ethics training to the futures industry, we have tailored this course to specifically address Swap Dealers’ distinct requirements. This course covers various topics, including but not limited to: “Know your counterparty” requirements, Institutional suitability and safe harbor, Dealing with special entities, Conflict partitions, and Daily Marks. The customization of this training is tailored to align with the business activities of Swap Dealers, as recommended by NFA Interpretive Notice 9051. This notice emphasizes that ethics training should be somewhat aligned with a person’s registration category. Additionally, NFA believes it is appropriate for its Members to adapt their ethics training programs to the specific obligations associated with their membership category and the roles of their personnel.

Duration: 50-60 min