CFTC finalizing customer protection rules

Commodity Futures Trading Commission staff is expected to recommend a package of rules intended to enhance customer protection, after MF Global Holdings and Peregrine Financial Group collapsed. One expected recommendation is a requirement that futures brokers increase collateral that must be held, sources say. Agribusinesses are raising concern about the cost of the proposal for nonfinancial firms. FIA estimates that brokers or their customers could be required to set aside an additional $100 billion in collateral.

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