CCC’s Presentation on a Captive Insurance Company offering Commodity Customer AccountInsurance. CLICK HERE TO VIEW FULL SCREEN The CCC is working on a plan to provide insurance for commodity customer accounts through the private market. The plan involves setting up a captive insurance company, owned by various industry constituents, which would offer insurance policies to
More than a year after MF Global’s demise, why hasn’t the National Futures Association taken action against Jon Corzine? For his malpractice Mr. Corzine should be permanently barred from NFA membership, associate membership and from acting as a principal of an NFA member. He should receive the maximum NFA fine as well. Customers of MF
This article originally appeared as part of a December 8, 2012 Reuters dispatch. By Tom Polansek and Ann Saphir Long-derided as unsuitable for sophisticated futures markets, insurance is getting a surge of attention heading into the new year as the industry works to patch itself up after the stunning collapse of brokerage MF Global in
On Friday December 14, 2012, the NFA officially mailed ballots for the upcoming election for their Board of Directors. James and I made the decision to run for the CTA/CPO representative positions so that would could further the CCC’s mission to return assets to commodity customers embroiled in the MF Global and PFGBest insolvencies and in order strengthen customer protections for
This article originally appeared on the Farm Futures website on December 3, 2012. A trio of major speakers will discuss policy options designed to enhance futures market customer protections when they address the National Grain and Feed Association’s 41st annual Country Elevator Conference Dec. 9-11 in Omaha, Neb. Walt Lukken, president and chief executive officer