My Forex Funds (MFF) released a new road map, saying it is planning to regain full control of its assets, including “data and data sources.” Afterwards the embattled proprietary trading firm plans to conduct a “comprehensive analysis” of the data before announcing the next steps.
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"After the court order is finalized, Canadian regulators may continue to review. However, we will be regaining full control of our assets, including data, data sources, systems, and more, which will allow us to conduct a comprehensive analysis," the company mentioned.
"This process will begin once our support team is fully onboarded. Once the analysis phase is complete, we’ll be in a much stronger position to share what comes next."
- In a Blow to the CFTC, US Court Throws Out My Forex Funds Lawsuit
- Breaking: The Special Master in My Forex Funds Case Recommends Dismissal and Sanctions Against CFTC
- My Forex Funds Case Takes a New Turn: CFTC Sends Involved Staff on “Administrative Leave”
Other proprietary firms have emphasized transparency in different ways. Hola Prime, for instance, publishes daily reports comparing its tick-by-tick prices with TradingView, Exness, FXCM, and Dukascopy.
US Victory and Unwinding Canadian Receivership
Also in the detailed road map shared today (Thursday), MFF highlighted US case victory, unwinding Canadian Receivership, and the return of the Canadian asses as some of the other milestones.
According to the company, it expects a return of the Canadian assets, which is reportedly pending the final court order, this month. If all go according to plan MFF aims to gain access to systems and data, reportedly including missing data, next month.
And between next month and January next year, the prop firm expects to reassemble its team, and later “open support channels and start communicating with traders.”
Findings from Earlier Proceedings
Last year, court filings showed that the U.S. Commodity Futures Trading Commission’s lead attorney, Ashley Burden, acknowledged being“ careless and sloppy” in handling the My Forex Funds investigation.
Among the errors was the mischaracterization of a CAD 31.5 million tax payment as misappropriated funds, an oversight that contributed to the freezing of company assets. These admissions exposed serious procedural flaws within the CFTC’s case preparation.
In May 2025, the agency placed four attorneys and one investigator involved in the case on administrative leave pending an internal ethics review. The CFTC said the review focused on potential breaches of professional and government ethics, including the submission of inaccurate information during court proceedings.
A U.S. federal judge later dismissed the CFTC’s fraud case against Traders Global Group Inc., the parent company of My Forex Funds, with prejudice, following the recommendation of Special Master Jose L. Linares.
