You are currently viewing The Plan, Stan—Moving Forward on a Futures Insurance Fund

The Plan, Stan—Moving Forward on a Futures Insurance Fund

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Statement of Commissioner Bart Chilton on the Futures Investor and Customer Protection Act (FICPA) Proposal August 9, 2012 Last November, in the wake of the MF Global debacle, I called for a futures insurance fund. It made no sense to me that banking customers had insurance (up to $250,000) through the Federal Deposit Insurance Corporation…...

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