November 06, 2013 BY Gerald Segal

CFTC requires IBs to be licensed

 The Dodd-Frank act is coming back to haunt introducing brokers next A new proposed rule has been issued by the CFTC to require all IBs (introducing brokers) to get membership in a Registered Futures Association (RFA). This essentially means that they have to become members of the National Futures Association as of right now it…

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