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Futures watchdogs to require online access to brokers' banks

Tuesday, July 17, 2012

WN.com - World News
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Futures watchdogs to require online access to brokers' banks
Jul 17th 2012, 23:02

CHICAGO (Reuters) - Futures brokerages will be required to allow their first-line regulators direct, online access to the bank balances of their customer fund accounts after the CEO of a small brokerage said he bilked investors of more than $100 million using paper bank statements. A committee including representatives of CME Group, the National Futures Association, the...
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