NFA and Clarity of Hedging

This post is an addendum to the previous post on the new NFA rule on Hedging which incidentally will take affect May 15th, 2009

This new rule will only apply to NFA registered brokers.. If your broker is outside of the US then you will not need to concern yourself with the aforementioned NFA Hedging rule. In fact there are some suggestions that US brokers will allow transferring of accounts to their branches outside of jurisdiction if traders wish.

Tomorrow I will discuss available options for traders who wish to continue to hedge.

Until then,

Chris