Notices to Members
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October 24, 2008
Net Capital Requirements for Forex Dealer Members
On October 22, 2008, the Commodity Futures Trading Commission approved increases to NFA's capital requirements for Forex Dealer Members (FDMs). As stated in a July 23, 2008 Notice to Members, the minimum requirement will be $10 million as of October 31, 2008, $15 million as of January 17, 2009, and $20 million as of May 16, 2009.
Questions concerning these requirements should be directed to Sharon Pendleton, Director, Compliance (spendleton@nfa.futures.org or 312-781-1401) or Valerie Kretschmer, Manager, Compliance (vkretschmer@nfa.futures.org or 312-781-1290).