Advice for Brokers Selling CTAs
1. Don’t sell anything, ever, that doesn’t have an audited Track Record. If you are selling unaudited investment managers, you are selling fantasy. 2. Don’t sell anything you don’t understand.…
Takeaways from the Due Diligence for IBs using CTA Programs Panel
The recent NIBA Conference panel Due Diligence for IBs using CTA Programs proved to be a lively discussion with strong input from the conference participants, which included both CTAs and…
AML Discussion at the 2013 NIBA Conference
The NIBA conference held in Chicago last month offered a wide variety of informational sessions applicable to Introducing Brokers’ business. My compliments to Melinda Schramm and the NIBA board for…
Futures Market Education and The Equity World
As the retail futures industry navigates the equity world, it’s important for everyone within the industry to focus on educating their clients and prospects about futures trading. We know that…
Fed Likely to Postpone QE Tapering Decision Into 2014
The Federal Reserve is likely to postpone any decision on exiting or tapering its quantitative easing program until 2014. Current members of the FOMC are hyper-sensitive to economic data, especially…
NIBA Legal Update Panel Preview
I have the privilege of leading the NIBA Legal Update once again this year. This panel of industry experts including Mike Coglianese and Jeff Kopiwoda will address legal developments -…
Not a NIBA Member Yet? No Problem.
Are you planning on attending the NIBA fall conference in September, but youʼre not a member yet? No problem. You can join the Association when you register for the conference.…
NIBA Board of Directors Letter to Senate Committee
July 1, 2013 The Honorable Debbie Stabenow Chairwoman U.S. Senate Committee on Agriculture, Nutrition and Forestry 328A Russell Senate Office Building Washington, DC 20510 The Honorable Thad Cochran Ranking Republican…
Poll: 17.5 or 21 hour Day, What do you Say?
On April 17, 2013, the CME Group reduced grain and oilseed trading hours from 21 hours to 17-1/2 hours per day. This schedule cut afternoon hours and created a 45-minute…
A note from Jeff Malec, IIB representative for the NFA Board of Directors
It has been a quick three months since I was elected as the Independent Introducing Broker representative on the NFA Board of Directors, and I wanted to take a moment…