The Town Hall for CTAs and CPOs will be broadcast live on this page beginning at 11:45 AM Central Standard Time on Monday February 4, 2013. Live video will be embedded below. Logon to this page (or refresh it) after 11:45 AM to see the video. Those who wish to ask questions can join us
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
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 was published in the August 2012 issue of Opalesque Futures Intelligence. Though it may be cold comfort for PFGBest’s customers and brokers, Mr. Wasendorf’s fraud has changed the conversation in the futures industry. The debate on how to protect customers has shifted from whether or not account insurance is necessary to what
This post was originally written for The Journal of the National Introducing Brokers Association. The recent insolvencies of MF Global and PFGBest, along with the near miss of Knight Capital, have sent customers scrambling to confirm the safety of their property and the financial health of their brokers. Prior to October 2011, most futures customers
This post is redistributed from the original newsletter at Attain Capital Management (www.attaincapital.com). To see the original material, please click here. Managed Futures Spotlight: Roe Capital Management Monticello Spreads Program By John Cummings We hear requests from clients and readers of our newsletter quite often to highlight a managed futures program which is doing something