The Futures Market’s Darkest Day; PFG Collapse Jul 10, 2012 Over the last twenty four hours the futures industry was roiled by another clearing firm collapse. For those of you who have not yet heard, Peregrine Financial Group (“PFG”), was… Read More
End of an Era, CFTC Exemptions Rescinded May 31, 2012 Earlier this year the Commodity Futures Trading Commission (CFTC) adopted final rules amending certain registration and compliance obligations of commodity pool operators (CPOs) and commodity trading advisors (CTAs). Among other… Read More
The End of PAMM Forex Allocations? Apr 03, 2012 During the last quarter of 2011, the National Futures Association (NFA) quietly submitted to the Commodity Futures Trading Commission (CFTC) a proposed Interpretative Notice to NFA Compliance Rule 2-10. NFA’s… Read More