Expanded FDIC Insurance for Uninvested Cash in IRAs

In just this past year we have seen the futures industry make headline news from the unforeseen downfall of MF Global and the failing of PFGBest shortly thereafter. Media frenzy surrounding the collapse of these high-profile firms exposed shortcomings with market oversight and left us asking the evident question – “What is the future of the futures market?” Although the severity of these cases proved a reevaluation of the futures industry is necessary, a conclusive answer has yet to be determined. An Interim Solution Between the lack of protection and these two substantial cases, confidence in investing in the futures…

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