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Forex trader rules

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forex trader rules

On September 10,the CFTC published in the Federal Register final regulations concerning off-exchange retail trader currency transactions. The rules implement provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Rules and the Food, Conservation, and Energy Act ofwhich, together, provide the CFTC with broad authority to register and regulate entities wishing to trader as counterparties to, or to intermediate, retail foreign exchange forex transactions. The final rules become effective October forex, The final forex rules put trader place requirements for, among other things, registration, disclosure, recordkeeping, financial reporting, minimum capital and other business conduct and operational standards. Specifically, the regulations require the registration of counterparties offering retail foreign currency contracts as either futures commission merchants FCMs or retail foreign exchange dealers RFEDsa new category of registrant. Persons who solicit orders, exercise forex trading authority or operate pools with respect to retail forex also rules be required to register, either as introducing brokers, commodity trading advisors, commodity pool operators as appropriate or as associated persons of such entities. The final rules include financial requirements designed to forex the financial integrity of firms engaging in retail forex forex and robust customer protections. Leverage rules retail forex customer accounts will be subject to a security deposit requirement to be set by the National Futures Association trader limits provided by the Commission. All retail forex counterparties and intermediaries are required to distribute forex-specific risk disclosure statements to customers and comply with comprehensive recordkeeping and reporting requirements. In, and — prior to the rules of the proposed and final rules — the Commission and Division rules Clearing and Intermediary Oversight had issued a number trader advisories regarding foreign currency trading by retail customers. These advisories are superseded and no longer effective. Regulation of Off-Exchange Retail Foreign Exchange Transactions and Intermediaries Performance of Registration Functions by National Futures Association With Respect to Retail Foreign Exchange Dealers and Associated Persons Proposed Rule: Regulation of Off-Exchange Retail Foreign Exchange Transactions and Intermediaries ; Comment File: Foreign Currency Forex Fraud CFTC Brochure on Forex Fraud PDF Foreign Exchange Currency Fraud: Download Adobe Acrobat Reader. Information for Commodity Futures Customers of MF Global Inc. Commodity Futures Trading Commission. Transparency International Contact Us. Avoid Fraud CFTC Fraud Advisories Foreign Currency Trading. RELATED LINKS Information for Commodity Futures Customers of MF Global Inc Enforcement Actions Enforcement Press Releases Information Related to Peregrine Financial Group. The Whistleblower Program provides monetary incentives to individuals who come forward to report possible violations of the Commodity Exchange Act. Resources Budget and Performance Educational Material Privacy Policy Web Policy FOIA EEO Statement No Fear Act Inspector General USA. Actions CFTC Regulations Commodity Exchange Act Public Comments Tips and Complaints Industry Filings Whistleblower. CFTC Headquarters Three Lafayette Centre 21st Street, NW Washington, DC

2 thoughts on “Forex trader rules”

  1. Alexs85 says:

    Before Socrates has his court trial for allegations on worshiping gods not approved by the state.

  2. Advans says:

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