Updates to BSA E-Filing System for FinCEN Suspicious Activity Reports
FCMs and IBs Can Use BSA E-Filing System To File Several FinCEN Forms, Namely Suspicious Activity Reports
FinCEN (Financial Crimes Enforcement Network) recently improved its online BSA (Bank Secrecy Act) e-filing system. The security-enhanced site can be used for free and allows users (such as FCMs and IBs) to submit FinCEN forms more efficiently. Your firm’s [...]
Forex Events February 2010
The following are various forex events happening this month. Please email us if you would like us to add your event to this list.
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February 6
Sponsor: Knowledge to Action Ltd.
Event: Forex Secrets Seminar Workshop
Location: Cambridge, UK
February 6
Sponsor: FX Week and China Forex magazine
Event: FX Week China 2010 Conference
Location: The Westin Beijing, Beijing Shi, Beijing, China
February 9
Sponsor: [...]
Forex Trading Platform Review
www.forexlawblog.com
Occasionally at the Forex Law Blog and at the Hedge Fund Law Blog we will allow guest posts from authors who are authorities on various subjects. Today we have a guest post on a forex trading platform - eToro. We hope you enjoy this article and please feel free to let us know if you [...]
NFA Release on Forex Account Statements
[http://www.forexlawblog.com]
New Rule Requires Better Reporting to Retail Forex Investors
Forex Dealer Members (FDMs) are subject to NFA oversight because they are required to be registered with the CFTC and also to be members of the NFA. On June 1 of this year, FDMs will need to comply with heightened disclosure requirements to their retail forex investors. [...]
Forex Directory
Directory for Forex Platforms
For some forex managers trying to decide upon a forex platform can be a very difficult decision. Each platform has different charactistics and costs. The press release below describes a new website which rates the different forex platforms based on actual user feedback. You will be able to find out which platform [...]
Forex Trading Platforms
Information for Forex Managers and Forex Introducing Brokers
The press release below discusses a new forex trading platform designed for forex managers. Many forex managers will use such platforms in their automated trading programs. In many instances the platform can be integrated with forex trading robots as well.
Forex Hedge Fund Information and Resources
Many forex professionals have experienced a great deal of success trading and investing in the forex markets. These professionals, however, often aren’t sure where they should go for great information on forming a forex hedge fund. We have compiled the resources below for forex managers.
How to Start a Forex Hedge Fund
Once a forex manager is [...]
Forex Hedge Fund Marketing - Discussing a Forex Hedge Fund with Potential Investors
Forex managers who wish to market their hedge funds will have a variety of different options for their hedge fund marketing campaign. The manager may with to establish a forex website for his investors, submit the fund’s results to a forex database, and network with potential forex investors through various industry events. Any such marketing [...]
Forex Hedge Fund Risks
Risks of Forex Hedge Funds
The off-exchange foreign currency markets are unique and pose certain risks to the investor. Forex hedge fund managers must make sure that they inform their investors of the unique risks of investing in the forex hedge fund and in the off-exchange foreing currency markets. Your forex attorney will be able to [...]
Introducing Brokers and Forex Introducing Brokers
Definition of Introducing Broker
The term “introducing broker” is defined in the Commodities Exchange Act:
The term “introducing broker” means any person (except an individual who elects to be and is registered as an associated person of a futures commission merchant) engaged in soliciting or in accepting orders for the purchase or sale of any commodity for [...]