Francesc’s Weblog » NFA requires $10 million capital to firms offering more than 50:1 leverage

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Francesc Riverola,
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NFA requires $10 million capital to firms offering more than 50:1 leverage

Posted on October 29, 2007 at 13:07 in NFA new requirements by Francesc

Hi everyone

When covering new capital requirements for FDM’s from NFA, I forgot to mention that they didn’t only raise capital requirement to $5 million to all FDM’s registered and approved by the NFA to perform business in the US but that the new capital requirement was $10 million for firms that offer more than 50:1 leverage.

http://www.nfa.futures.org/news/newsNotice.asp?ArticleID=1973

Also, remember that as pointed out at Dan Roth’s, NFA’s president and CEO, NFA is considering raising net capital to $20 million soon.

Francesc

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