IIBs: MF Global Reporting for Net Capital

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. Receivables from MFG are to remain non-current for net capital Broker commissions remain a liability, a reduction of net capital As long as both parties…...

The full article is available to active NIBA members only.


Please login or sign up to read the rest.
Log In Register