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Old 06-26-2007, 09:48 PM
forex savior forex savior is offline
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Join Date: Jun 2007
Posts: 196
Default Are Your Funds Safe? NFA to Shut down small forex fcms

Big news people. The national futures association is going to shut down any firm that does not have at least $5 million in capital if the proposed capital requirement rule passes. This could get ugly folks. Is your firm big enough to make the cut? Most firms are poorly capitalized.

http://www.cftc.gov/files/tm/fcm/tmfcmdata0704.pdf

The rule should be decided in August. Make sure your funds are safe.

Last edited by forex savior; 08-15-2007 at 08:26 PM. Reason: corrections regarding rule
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