Nadex Amends Rule 3.8 Regarding 30-Calendar Days Notice to Members
Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(a), Nadex has submitted to the Commission its intent to amend its Rule 3.8(e) to reduce the required notice period to Nadex Members prior to imposing dues or increasing fees from 30 calendar days, to a period of at least as long as the Commission’s required filing period for self-certifications according to Commission Regulation §40.6(a)(3). Currently, this would reduce the notice period from 30 calendar days to 10 business days before Member dues may be imposed, or Member fees may be increased. Nadex Members are reminded that pursuant to the Membership Agreement and Rule 3.3(c), it is the responsibility of all Members to regularly check the Nadex Notices page to remain familiar with any updates to the Nadex Rules or fees, and to receive other important information that may be posted.
Nadex plans to implement these changes on March 9, 2015.