Clarification on CFTC Final Retail Forex Regulations Forthcoming
Bart Mallon, Esq.
(www.forexregistration.com)
NFA to Issue Guidance on Regulations
Now that the CFTC has finalized the retail Forex regulations the Forex community will now set forth to figure out exactly what will be happening next. Today I called the NFA to get clarification on a couple of items with respect to the new regulations and I was [...]
Commissioner Chilton Speaks on Retail Forex Regulations
The CFTC just released a statement by Commissioner Chilton regarding the new retail Forex regulations. The full statement is reprinted below and can also be found here.
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“Rules to Rein in a Racket”
Statement by Commissioner Bart Chilton on the Release of New Retail Forex Rules
In recent years, mini-Madoff ponzi scams have proliferated, targeting unsuspecting investors with good hearts [...]
NFA Registration for Forex Managers with a Disciplinary Record
In January 2010, the CFTC proposed rules regarding regulation of retail off-exchange foreign currency (forex) products. It received over 9,000 comments relating to the forex rules and will start publishing final rules this fall. One component of the proposed rules requires all forex account managers and pool operators to register with the CFTC as forex [...]
Dodd-Frank Forces CFTC to Adopt Retail Forex Regulations
Forex Registration Rules to be Finalized Soon
The Dodd-Frank Wall Street Reform and Consumer Protection Act (“Act”) amends the Commodity Exchange Act to include a new Section 2(c)(2)(E) which requires to the CFTC to finalize the proposed retail forex regulations within 90 days from the passage of the act. This means that the forex registration [...]