Forefront Investments faces suit from CFTC
NEWS
The CFTC claims the broker violated minimum net capital and record-keeping requirements under the Commodity Exchange Act and Commission regulations. The regulatory body said that from January 31 and potentially earlier, Forefront's net capitalisation was below the adjusted net capital required. By March 19, the broker's adjusted net capitalisation remained below the required adjusted net capital, with Forefront's total liabilities equalling $8 million while its assets were $6.76 million. The
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