Who is safeguarding commodity investors’ money from insolvency issues?
T & K Futures and Options Inc. is registered with the United States Commodity Future Trading Commission (CFTC) and the National Futures Association (NFA). The financial integrity of the United States Futures markets is of the utmost importance to both the CFTC and the NFA. One of their main goals is to ensure the viability of the markets and protect investor funds. Subsequently, investor losses caused by insolvency of futures brokerage firms has been practically non existent. In the last 50 years these types of losses have totaled less than the amount that happens, on average, every year in the securities markets. Where does my money go when I open an account? The cornerstone of the U.S. futures trading system is that no futures brokerage company is permitted to hold customer funds in any of its corporate bank accounts. According to strict regulations that are aggressively enforced by the CFTC and NFA, futures brokerage companies are required to maintain customer funds in bank accounts
Related Questions
- I am based in England and Wales and I am owed money by someone who is subject to insolvency proceedings in another country, how can I let the person dealing with the proceedings know about my claim?
- Can the debtor borrow money while under a Personal Insolvency Agreement?
- How Do You Become A Realtime Commodity Futures Trader?
