02.15.2013

Trading Technologies’ Trade Talk : CFTC Proposal Poses "Monumental Challenge to FCMs"

02.15.2013
Terry Flanagan

A rule proposed by the Commodity Futures Trading Commission (CFTC) would require futures commission merchants (FCMs) to maintain “residual interest” exceeding the sum of all margin deficits in customer segregated accounts. Some claim that this proposal will completely overhaul our industry and present “monumental challenges to FCMs”.  »

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