Series 3: 7.3.5.4. Net Capital Requirement: Independent IBs

Taken from our Series 3 Online Guide

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 fo

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