I went away on vacation around the 19th and just got back today. I’ve been wondering, in the interim, what happened after the CFTC/NFA deadline passed?? Did any major brokers get shut down or something?? On first glance in this forum I don’t see any outstanding threads on broker meltdowns, nor did I run into anything in a news search. So it sounds like that all that hoopla over net capital requirements was just much ado about nothing?!
Things were suppose to shake down last month, but i haven’t heard anything. It was only in “proposal” stage, I think… unless someone else can add to this…