Series 3: 7.3.5.4. Net Capital Requirement: Independent IBs

Taken from our Series 3

7.3.5.4. Net Capital Requirement: Independent IBs

For the CFTC, non-guaranteed introducing brokers must maintain adjusted net capital equal to or greater than the greatest of the following:

• $45,000
• The adjusted net capital required by the NFA
• For securities brokers and dealers, the amount of net capital required by the SEC

The National Futures Association echoes the CFTC requirements, but for IBs th

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