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Post by bot on Jan 14, 2014 7:26:29 GMT -5
CFTC Staff Issues No-Action Relief from the Limitation on the Holding of Customer Funds Outside of the United States under Regulation 30.7(c) 01/13/2014 04:28 PM EST The U.S. Commodity Futures Trading Commission’s (Commission) Division of Swap Dealer and Intermediary Oversight (DSIO) issued a no-action letter that provides relief with respect to compliance with certain provisions of Regulation 30.7(c) that restricts a futures commission merchant (FCM) from holding customer funds deposited to margin, guarantee, or secure foreign futures and foreign options transactions in jurisdictions outside of the United States (U.S.) in excess of 120 percent of total margin requirements. www.cftc.gov/PressRoom/PressReleases/pr6823-14.htmldaily weblog archives www.usdemocrats.com/weblogcompendium usdemocrats.proboards.comtwitter www.twitter.com/usdemocratslive forum chat is.gd/JfLZFCpop culture video weblog info.totallyexcellent.infogeo information portal www.1t23.com
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