National Futures Association News

Insurers Weigh Forming Captive to Insure Customers of Bankrupt Futures Brokers

Eight private insurers have expressed interest in participating in a fund to provide insurance for losses suffered by customers of futures brokers that go bankrupt as in the cases of MF Global and Peregrine Financial Group, according to a study. …

Futures Industry Looks to Insurance After MF Global Collapse

Long-derided as unsuitable for sophisticated futures markets, insurance is getting a surge of attention heading into the new year as the industry works to patch itself up after the stunning collapse of brokerage MF Global in 2011. Three separate efforts …