December 10, 2015 BY Mike Fox
NFA further tightens reporting requirements on U.S. Forex brokers; new disclosures must be made public
One of the new disclosures is the total customer liability reported on the daily Forex Financial Report (FFR) for the last 12 months. To satisfy this requirement, FDMs are required to disclose the total liability owed to retail customers and the total liability owed to all ECP counterparties.
Read more