Net Capital and Reporting Requirements for IIBs

Independent Introducing Broker Net Capital Requirements Independent Introducing Brokers (“IIB”) or non-guaranteed Introducing Brokers have a capital requirement mandated by the NFA Rules and CFTC Regulations. The following will discuss such capital requirements and reporting requirements of an IIB. Required Financial Statements  IIBs are required to maintain an accounting system which records all of the…...

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