Form 8-R - Individual Application Template (Page 7 of 38) in pdf

Form 8-R - Individual Application Template Page 7

TEMPLATE: DO NOT SEND TO NFA

INDIVIDUAL APPLICATION (FORM 8-R)

COMMODITY FUTURES TRADING COMMISSION

NATIONAL FUTURES ASSOCIATION

Instructions for Using the Individual Application Template

(3) an entity that:

• is a general partner of a partnership; or

• is the direct owner of 10% or more of the outstanding shares of any class of an applicant or registrant’s

equity securities, other than non-voting securities; or

(4) an individual who or an entity that:

• has contributed 10% or more of an applicant or registrant’s capital unless such capital contribution consists

of subordinated debt contributed by:

• an unaffiliated bank insured by the Federal Deposit Insurance Corporation;

• an unaffiliated ‘‘foreign bank, ’ ’ as defined in 12 CFR 211.21(n) that currently operates an ‘‘office of a

foreign bank, ’ ’ as defined in 12 CFR 211.21(t), which is licensed under 12 CFR 211.24(a);

• such office of an unaffiliated, licensed foreign bank; or

• an insurance company subject to regulation by any State,

provided such debt is not guaranteed by an individual who or entity that is not a principal of the applicant or

registrant.

For the purpose of answering Questions A, B, C, D, E, F, G, I and K of the Disciplinary Information sections,

PRINCIPAL also means an individual described in (1), (2) or (4) above with respect to any entity whether or not

the entity is an applicant, registrant, or a person required to be registered under the Act.

SELF-REGULATORY ORGANIZATION

(SRO): a private, non-governmental organization authorized to set

and enforce standards of conduct for an industry. NFA, FINRA (formerly known as NASD) and the securities

and futures exchanges in the U.S. are examples of domestic SROs.

UNITED STATES CRIMINAL

CODE:

Section 152: Concealment of assets, making false claims or bribery in connection with a bankruptcy

Section 1341, 1342 or 1343: Mail fraud

Chapter 25: Counterfeiting and forgery

Chapter 47: Fraud or false statements in a matter within the jurisdiction of a United States department or

agency

Chapter 95 or 96: Racketeering and Racketeering Influence

Page 7 | OMB Numbers 3038-0023 (exp. November 30, 2018) & 3038-0072 (exp. July 31, 2018) | CFTC Form 8-R (April 2017)

Form 8-R - Individual Application Template Page 7