Capital and Other Regulatory Requirements (Notes)

6 Months Ended

Mar. 31, 2020

Capital and Other Regulatory Requirements [Abstract]

Regulatory Capital Requirements under Banking Regulations [Text Block]

Capital and Other Regulatory Requirements

The Company’s activities are subject to significant governmental regulation, both in the United States and in the international jurisdictions in which it operates. The subsidiaries of the Company were in compliance with all of their regulatory requirements as of March 31, 2020. The following table details those subsidiaries with minimum regulatory requirements in excess of $5 million along with the actual balance maintained as of March 31, 2020.



(in millions)				As of March 31, 2020
Subsidiary	Regulatory Authority	Jurisdiction	Requirement Type	Actual		Minimum Requirement
INTL FCStone Financial Inc.	SEC and CFTC	United States	Net capital	$	175.7	$	108.3
INTL FCStone Financial Inc.	CFTC	United States	Segregated funds	$	2,543.6	$	2,485.9
INTL FCStone Financial Inc.	CFTC	United States	Secured funds	$	162.5	$	150.0
INTL FCStone Financial Inc. (1)	SEC	United States	Customer reserve	$	33.1	$	66.1
INTL FCStone Ltd	Financial Conduct Authority ("FCA")	United Kingdom	Net capital	$	270.3	$	140.0
INTL FCStone Ltd	FCA	United Kingdom	Segregated funds	$	437.8	$	430.1
INTL FCStone Pte. Ltd.	Monetary Authority of Singapore ("MAS")	Singapore	Segregated funds	$	208.2	$	202.6

(1) As of March 31, 2020, the Company had $33.1 million deposited in the customer special reserve bank account (“SRBA”). As a result of the reserve requirement determined through the weekly computation, the Company made an additional deposit of $38.1 million to the customer SRBA on April 2, 2020 to meet the customer segregation requirements under SEC Rule 15c3-3.

Certain other non-U.S. subsidiaries of the Company are also subject to capital adequacy requirements promulgated by authorities of the countries in which they operate. As of March 31, 2020, these subsidiaries were in compliance with their local capital adequacy requirements.

- Definition

The entire disclosure for banks, savings institutions, and credit unions, for regulatory capital requirements imposed by the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the Office of Thrift Supervision (OTS) or for any state imposed capital requirements, as applicable. The disclosure may include (1) a description of regulatory capital requirements (a) for capital adequacy purposes and (b) established by the prompt corrective action provisions of Section 38 of the Federal Depository Insurance Act; (2) the actual or possible material effects of noncompliance with such requirements; (3) whether the entity is in compliance with the regulatory capital requirements including (a) required and actual ratios and amounts of Tier 1 leverage, Tier 1 risk-based, and total risk-based capital, tangible capital (for savings institutions), and Tier 3 capital for market risk (for certain banks and bank holding companies), (b) factors that may significantly affect capital adequacy; (4) the prompt corrective action category in which the entity was classified as of its most recent notification; (5) whether management believes any conditions or events since notification have changed the entity's category. Also may include additional information that might be disclosed in situations where substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time.

+ References

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+ Details