DislikedIMPORTANT: The new Compliance regulation will apply to any FDMs regulated by the NFA, not just FX Solutions.
...After considering those requests, NFA has decided to extend the effective date for the FIFO part of the rule until July 31, 2009. Therefore, FDMs may not carry offsetting positions in the same account if either of those positions was established after May 15, 2009, but FDMs may offset positions on some basis other than FIFO through July 31, 2009. Please refer to the NFA Website for any information regarding these new regulations....Ignored
- #177,569
- May 15, 2009 2:47pm May 15, 2009 2:47pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
MY OPINION NOT FINANCIAL ADVISE
- #177,572
- May 15, 2009 6:54pm May 15, 2009 6:54pm
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #177,573
- May 15, 2009 8:32pm May 15, 2009 8:32pm
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #177,578
- May 16, 2009 12:14am May 16, 2009 12:14am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
- #177,579
- May 16, 2009 12:40am May 16, 2009 12:40am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
- #177,580
- May 16, 2009 4:33am May 16, 2009 4:33am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
MY OPINION NOT FINANCIAL ADVISE