The U.S. derivatives industry’s frontline regulator increased the amount of money traders must put down to back currency transactions after a surge in the Swiss franc left a leading broker in need of a US$300 million rescue.

The National Futures Association (NFA), an industry-funded overseer of the market, set more stringent requirements for trading in the Swiss franc, Swedish krona, and Norwegian krone, the group said in a statement released Wednesday. The changes apply to retail currency trading.

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