Shipkevich Bitcoin and ICO Attorney
Felix Shipkevich August 24, 2008

NFA Announces Increase to FDM Capital Requirements

On August 27, 2008, NFA announced that the capital requirements for Forex Dealer Members (FDMs) imposed by CFTC Reauthorization were approved by NFA’s Board of Directors. Particularly Section 1, 11, and 12 will be modified pursuant to CFTC approval.