Thank you to DePaul University for another hugely successful joint symposium. This marks the 5th year NIBA has partnered with DePaul University to present an afternoon of education and networking for our members — and another standing-room-only event. This year’s topics included blockchain, NFA-audit triggers, new AML requirements, implementation of GDPR and changes to cyber-security regulations. The highlight of the....
NIBA Chicago Conference – Sept 13th
Registration is now open for the upcoming NIBA Chicago Conference. Please click here to register for this event. The full agenda will be posted at the end of this week so be sure to check back for updates and announcements. This will be a full day program followed by a cocktail networking reception. EVENT PAGE
Trade War Costs to Consumers, Companies and Nations
New Report: Trade War Costs to Consumers, Companies and Nations Fallout from the escalating U.S.-China trade war will ripple through consumers, companies and the world’s two largest economies. Any hit to the bottom lines of American companies will be modest, relative to the size of overall corporate profits. Learn More ...
CFTC Grants NIBA’s No-Action Request regarding certain FASB Changes
On August 13, the CFTC granted no-action and issued a no-action letter regarding certain FASB changes set to take effect as early as December 15, 2018 for certain IIBs, FCMs and other CFTC-registrants that are broker-dealers. The Lease Accounting Update as proposed would have resulted in a decrease in regulatory capital as compared to the current accounting treatment. NIBA submitted....
IB Handbook
CME Group has posted the latest edition of The Complete IB Handbook on its website at cmegroup.com/ibhandbook, written by Melinda Schramm, Founder & Chairman of the NIBA. Melinda has written the definitive guide on how to become an Introducing Broker and the state of the IB community today. If you want to open your own shop, if you need an....
Chairman’s Letter – August 2018
In 8 BC, the eighth month of the year was named for Augustus Caesar, emperor of Rome, in honor of his several great battle triumphs, including the conquest of Egypt. August is “Happiness Happens Month,” in the U.S., a month-long celebration of sharing happy news. For a good start to NIBA members’ “happy month,” CFTC has notified NIBA it has....
CME Advisory Notice
CME Group MRAN 536: Documentation of Customer Orders and Submission of Suspense Accounts on CME Globex Effective on October 1, 2018, and pending all relevant CFTC regulatory review periods, this Market Regulation Advisory Notice will supersede CME Group Market Regulation Advisory Notice RA1605-5R from August 19, 2016. This Advisory Notice sets forth the circumstances under which a suspense account may be....
NYC Conference Videos
Video of NIBAs annual spring NYC conference is available online for those who were unable to attend in person. Sessions included Marketing, Cryptocurrency, Quant Essentials and Compliance Clips. Please use the link below to enjoy the videos at your convenience. NYC Conference Videos...
July Housekeeping, Reminders & Updates
Written by: Mark E. Ruddy, Esq. Maria Fielding National Futures Association (“NFA”) Proposes Virtual Currency Activities Disclosure Requirements NFA submitted an Interpretive Notice to the Commodity Futures Trading Commission (“CFTC”) regarding virtual currency disclosure requirements. Due to the unique nature of virtual currency activities, NFA has determined that customers may not fully understand the nature of and potential risks involved....
Market Update: Earnings and Growth
Earnings have shown good results so far, though plenty of reporting remains. Jack Bouroudjian explains why that and Friday’s GDP report could dramatically effect equities markets. The post Market Update: Earnings and Growth appeared first on OpenMarkets. Source: CME Open Markets – Market Update: Earnings and Growth