Posts tagged as:

Forex manager

NFA Takes Regulatory Aim at Spot Commodities Markets

June 9, 2009

Asks Congress to Increase Scope of Regulation for CFTC and NFA
Last week various employees of the CFTC and the NFA talked with members of Congress regarding certain aspects of the markets regulated by these groups.  Below is testimony from the Chief Operating Officer of the NFA, Daniel Discroll.  In the testimony, Mr. Discoll actually asks [...]

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Discussion with CFTC Regarding Forex Registration

April 10, 2009

[http://www.hedgefundlawblog.com]
No New Information on Forex Regulations
I have been getting more and more questions regarding forex registration and unfortunately I have not had much to say because there has been little information coming from the CFTC.  The NFA has done a good job of anticipating what those rules will generally look like, but the NFA (like [...]

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Passing the Series 34 Exam

April 2, 2009

By Bart Mallon, Esq.
www.series34exam.com
Discussion about How to Take and Pass the Series 34 Exam
On Thursday I took the Series 34 Exam and I passed.  I answered 30 out of 40 questions correctly for a 75% (it takes a 70% score to pass).  This score is not as good as I had hoped for, but it [...]

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CFTC Uses New Enforcement Authority to Police Forex

January 15, 2009

Forex Firm Caught Operating a Ponzi Scheme
The CFTC just announced that it charged a group out of Atlanta with operating a Ponzi scheme.  This is the first action the CFTC has brought against a forex firm for fraud.  At the beginning of last year Congress passed the Farm Bill which provided the CFTC with more [...]

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Forex Hedge Fund Launch

January 12, 2009

Henderson Global Announces Forex Hedge Fund
The British hedge fund manager will be launching a forex hedge fund in the first half of 2009.  The fund will be targeted towards institutional investors and will trade based on quantitative metrics.  The fund is expected to invest in G10 currencies and potentially emerging market currencies.  The traders [...]

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Forex Managers and Managed Forex Funds

December 10, 2008

Many forex managers use a product called a managed forex fund, which is the equivalent to a mutual fund hedge fund.  In a “managed forex fund,” the manager will invest the assets under the POA with the forex dealer member in the managed fund.  The a trader or traders for the forex dealer member will [...]

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