CFTC asked to change proposed futures rule
September 25, 2013 | 12:38 PM
A coalition of agricultural markets participants last week asked the Commodity Futures Trading Commission to make changes in its proposed futures customer protections rule.
In a letter to the commissioners, the coalition headed by the National Grain and Feed Association said that “the capital charge and residual interest provisions of this rule will have the opposite impact – if adopted, customers will be exposed to significantly greater financial risk.”
In a letter to the commissioners, the coalition headed by the National Grain and Feed Association said that “the capital charge and residual interest provisions of this rule will have the opposite impact – if adopted, customers will be exposed to significantly greater financial risk.”
