Posts tagged as:

forex rules

New Forex Regulations: Overview of Public Comments

February 23, 2010

Leverage, Inaccessibility for Smaller Traders, and Offshore Threat are Focus of Public Comments
As we’ve discussed in related posts, the CFTC has proposed rules regulating the off-exchange spot forex industry (see Retail FOREX Registration Regulations Proposed).  The CFTC has requested comments from the public and there are currently about 100 public comments on CFTC’s website written in response [...]

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NFA Discusses Recent Forex Regulations

June 16, 2009

Answers Regarding Prohibition of Hedging Spot Forex Transactions
(www.hedgefundlawblog.com)  The NFA has certainly taken a lot of heat over its controversial rule to ban the practice of “hedging” in a single spot forex account.  Many retail investors have already begun establishing brokerage accounts offshore in order to utilize this trading strategy.  I recently talked with a [...]

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FINRA to Regulate Member’s Retail Forex Activities

January 27, 2009

Comments on Proposed Retail Forex Rules Sought
The Finanacial Industry Regulatory Authority (FINRA) requested comments on a proposed rule to limit the leverage available to retail investors trading in the off-exchange foreign currency (forex) markets.  The proposed rule would be applicable to FINRA member firms and would limit leverage in forex transactions to 1.5 to 1.  [...]

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NFA Makes Two Separate Announcements on New Forex Rules

December 10, 2008

(www.hedgefundlawblog.com) Today the NFA made two separate announcements regarding proposed new forex rules.  The announcements follow a series of similar announcements last week regarding new forex rules (see NFA Continues to Pursue Forex Regulation for Current Forex Dealer Members).  The first announcement dealt with additions to Compliance Rule 2-36 and related Interpretive Notice Changes.  The [...]

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NFA Continues to Pursue Forex Regulation for Current Forex Dealer Members

December 5, 2008

Two new releases indicate that the NFA is serious about regulating the off-exchange foreign currency markets
On our sister website, www.forexlawblog.com, we have detailed the continued regulatory actions by the NFA with regard to the current regulation of the off-exchange forex markets.  The two notices, described in further detail below, apply to Forex Dealer Member and [...]

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