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…...
Net Capital and Reporting Requirements for IIBs
- Post published:May 24, 2010
- Post category:Compliance / Legal