National Futures Association (NFA) Definition.

The National Futures Association (NFA) is a regulatory body for the U.S. futures industry. The NFA is a self-regulatory organization that sets standards for futures brokers and registered firms. The NFA definition is the set of rules and regulations that govern the activities of NFA member firms. These rules and regulations are designed to protect … Read more

How Capital Requirements Keep Your Savings Account Safe.

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that protects the funds deposited in banks and savings associations in the event of their failure. The FDIC is funded by premiums that it charges to the banks and savings associations that it insures. Banks and savings associations are required … Read more

SEC Form S-8.

SEC Form S-8 is a registration statement that companies use to register securities that will be offered to employees under employee benefit plans. The form is used to register securities that are offered as part of an employee benefit plan, such as a stock option plan or a pension plan. The form is also used … Read more

Office of Thrift Supervision (OTS).

The Office of Thrift Supervision (OTS) was a federal regulatory agency that oversaw approximately 700 savings and loans institutions in the United States. The agency was created in 1989 and was abolished in 2011. What is OTS payment service? The Office of the Comptroller of the Currency (OCC) is a federal agency that regulates national … Read more

Wells Notice.

A Wells Notice is a formal notification from the U.S. Securities and Exchange Commission (SEC) to a company or individual that the SEC is considering taking enforcement action against them. The notice gives the company or individual an opportunity to explain why the SEC should not take action. The SEC may issue a Wells Notice … Read more

What Is SEC Form 10?

SEC Form 10 is a regulatory filing that must be submitted by companies who wish to go public in the United States. The form must be filed with the Securities and Exchange Commission (SEC) and contains information about the company’s business, financial condition, and management. What was the SEC during the Great Depression? The SEC … Read more

Blue Sheets.

The term “Blue Sheets” is used to refer to the Form BD, which is the form that broker-dealers are required to file with the SEC in order to register with the SEC. The Form BD contains information about the broker-dealer’s business, including its financial condition, business model, and the names of its principals. What is … Read more

SEC Form 425.

The SEC Form 425 is a form that must be filed by a company that is going public in order to register its securities with the Securities and Exchange Commission (SEC). The form must be filed within 30 days of the date of the initial public offering (IPO). What form does a seasoned issuer file … Read more

Regulation SHO.

The SEC’s Regulation SHO was adopted in 2004 and became effective on January 3, 2005. Regulation SHO imposes requirements and restrictions on the activities of broker-dealers who hold securities that are deemed to be “failure to deliver” securities. Under Regulation SHO, a “failure to deliver” security is a security that has been sold but not … Read more