IBS Granted Access to October Commission Runs
NIBA is pleased to announce that its efforts to gain the release to IBs of their October Commission Runs have been a success. In our ongoing efforts to represent our…
NIBA is pleased to announce that its efforts to gain the release to IBs of their October Commission Runs have been a success. In our ongoing efforts to represent our…
For many in the agricultural community, the failure of MF Global shook the very foundation on which the hedging industry is built. Since the beginning of this unprecedented ordeal, the…
The MF Global (MFG) bankruptcy has been a nightmare for managed futures customers, brokers and introducing brokers, SROs and the CFTC. The bad news keeps coming – in addition to…
The MF Global trustee, James Giddens, estimates a $1.2B shortfall in domestic customer segregated funds, and a further shortfall of $800M of foreign secured funds exists unless and until foreign…
On behalf of NIBA Members, this letter was delivered to MF Global courtroom and trustees by NIBA attorneys on Jan. 4, 2012. A transcript of the letter is below. View the…
Discussions with the NFA regarding accounting requirements and concessions in light of the MF Global debacle. Even though these may change, this is what is recommended up to this point.…
Agricultural bankers and other players in the world's grain markets say fallout from the collapse of giant broker MF Global is changing cash grain trading and fueling calls for alternatives…
To Members of the NIBA: On Thursday, Dec. 15 I wrote to the office of Commissioner Jill Sommers to ask questions concerning the permitted investments of customer seg funds by…
The MF Global trustee held a meeting today (12/20/11) to provide information about the recovery of MF Global customer funds that were held for trading futures on foreign exchanges. Such…
Announcement Re: AML and Ethics Training Certifications NIBA members who formerly cleared MFG and took AML and Ethics Training from the Walsh Agency, can receive a copy of their certification…