Cftc retail forex rules

Off-exchange trading of foreign currency futures or options with retail customers (NASD) public disclosure program, available on the NASD regulation website. This guide provides an overview of forex transactions and associated (CEA or Act) gives the Commodity Futures Trading Commission (CFTC) jurisdiction with U.S. retail customers are unlawful unless done on or subject to the rules of a 

CFTC Reviews Retail Forex-Trading Rules Following FXCM ... CFTC Reviews Retail Forex-Trading Rules Following FXCM Debacle CFTC Chairman Timothy Massad Testifies on Capitol Hill CFTC Passes New Retail Forex Guidelines. How will you be ... The rules implement provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Food, Conservation, and Energy Act of 2008, which, together, provide the CFTC with broad authority to register and regulate entities wishing to serve as counterparties to, or to intermediate, retail foreign exchange (forex) transactions Regulation of Foreign Currency Transactions: Swaps ... Despite the fact that the statutory provisions applicable to Retail Forex Transactions treat futures and options versus swaps and other types of agreements slightly differently,14 the CFTC has promulgated rules that require any person transacting in foreign exchange with a retail participant — regardless of whether the transaction Federal Reserve Adopts Retail Forex Rules

SECURITIES AND EXCHANGE COMMISSION 17 CFR Part 240 …

Rules | NFA (e) An FDM for which NFA is the DSRO that is required to file any document with or give any notice to its DSRO under CFTC Regulations 5.6 [Maintenance of minimum financial requirements by retail foreign exchange dealers and futures commission merchants offering or engaging in retail forex transactions], 5.7 [Minimum financial requirements for New CFTC Rules on Retail Forex Trading - BabyPips.com Sep 27, 2010 · On August 30, 2010, the CFTC released its final ruling on retail Forex transactions. Let's take a quick look at a few of these new rules and how they may affect you or your broker when they become effective October 18, 2010. Forex News - CFTC Law Aug 07, 2008 · On August 11, 2008, CFTC announced the formation of a Retail Foreign Currency Fraud Enforcement Task Force. This special task force was established to investigate and litigate fraud in the off-exchange retail foreign currency market. On August 18, 2008, FX Week published the following lead story on the subject. Brokers suspicious of retail FX task … 17 CFR § 5.18 - Trading and operational standards. | CFR ...

The CFTC also imposes on all retail forex intermediaries a requirement to provide the Division of Enforcement with a record of any communication received concerning a possible violation of the retail forex requirements of the Commodity Exchange Act (the CEA) or CFTC rules within 30 days of receiving such communication, unless the communication

25 Comments of “New CFTC Forex Regulations Unpopular, but Worthwhile” Michael Greenberg Says: January 22nd, 2010 at 8:43 am. Adam, US retail forex is far far … CFTC Enforcement Action Underscores Rule That Retail Forex ... The CFTC alleged that by making this representation, the RFED guaranteed or limited those customers’ losses in violation of the CFTC’s retail forex rules. The CFTC did not address whether the existence of actual recourse by a customer was a prerequisite to finding a violation. Offshore Forex Trading Is Heading Back To U.S. Shores Sep 24, 2010 · New CFTC retail forex rules are going into effect exactly as we thought they would. Although we're still waiting for more formal guidance from … CFTC Update: Eligible Contract Participant Definition And ... May 23, 2012 · For this purpose, CFTC rules impose requirements upon Retail Forex Pools engaging in OTC forex transactions (e.g., only certain U.S. financial institutions, broker-dealers, futures commission merchants and other retail forex dealers 5 are permitted to engage in OTC forex transactions with Retail Forex Pools and such permitted counterparties

Sep 15, 2010 · Corporate & Financial Weekly Digest Posted at 1:59 PM on September 10, 2010 by Kenneth M. Rosenzweig CFTC Adopts Final Rules for Retail Forex Transactions Co-authored by Christian B. Hennion The

CFTC Forex Rules Begin | DailyForex The CFTC new rule should further legitimize this estimated 600 trillion dollar industry. The requirements affect CFTC Forex rules, but may in fact not affect CFTC Forex swaps. The swaps may be exempt from the new rules and the US Treasury wants a clarification … Spot or Swap? CFTC Defines Rolling Spot Transactions As ...

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 …

On August 30, the Commodity Futures Trading Commission (CFTC) announced the issuance of its long-anticipated final rules for off-exchange foreign currency transactions (forex) with retail customers. The rules implement the CFTC Reauthorization Act of 2008 (the CRA), which for the first time gave the CFTC complete rulemaking authority over forex transactions between certain counterparties and CFTC Changing Retail FX Rules in the US? - BabyPips.com Jan 31, 2010 · There’s a storm brewing in the US retail Forex industry as I’m sure you’ve seen across forex forums, or even from your brokers, about the proposed rule changes coming down from the CFTC on the US Forex industry.. For those who have not yet read the 193 page proposal, you can read it here: CFTC Forex Rules Proposal New CFTC Forex Trading Rules Call For 50:1 Leverage Sep 02, 2010 · It seems these new rules will put a stop to Americans trading retail forex offshore to evade CFTC rules. That trend picked up the pace in recent years and it may need to be reversed quickly. REGULATION OF U.S. CURRENCY TRANSACTIONS Futures ...

New CFTC Forex Trading Rules Call For 50:1 Leverage Sep 02, 2010 · It seems these new rules will put a stop to Americans trading retail forex offshore to evade CFTC rules. That trend picked up the pace in recent years and it may need to be reversed quickly. REGULATION OF U.S. CURRENCY TRANSACTIONS Futures ...