Next Steps for Proposed Forex Regulations?
Public Comment Period for CFTC’s Proposed Retail Forex Regulations Ended Monday, Proposal Will Go Back to Board for Review
On March 22, 2010, the public comment period ended for the CFTC’s Proposed Forex Regulations. I called the NFA to find out more information about what the next steps regarding the Proposal will be, but the NFA would not comment. The CFTC, however, commenting on the rulemaking process in general, stated that:
- The Proposal will go “back to the board” to be reviewed
- The public comments will be taken into consideration
- The date the rules will be finalized remains unknown
We will keep continue to update Hedge Fund Law Blog with on all developments relating to this matter.
To read Mallon P.C.’s public comment, click here.
To read the public comments on CFTC’s website, click here.
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Other forex law blog articles include:
- New Forex Regulations: Overview of Public Comments
- Foreign Exchange Dealers Coalition (FXDC) Evaluates New CFTC Rules on New Website
- Forex Industry Overwhelmingly Against Lower Leverage
- New Introducing Broker Coalition
- Retail FOREX Registration Regulations Proposed
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