Preview Mode

FM Home
> Nfa
Exploring CFD Trading Platforms and Tools for Beginners and
Education Center
The Use of Blockchain Technology in the Energy Industry to
Education Center
Pros and Cons of AI in Sentiment Trading: Revolutionizing
Education Center
Is it still time to buy the Nikkei 225? Thought Leadership

NFA

Search for a tag
Retail FX

NFA Slaps $350K Fine on GMG Brokers and Its CEO

  • The company and the two employees settled by paying the penalty.
  • The other employee has been facing an NFA membership ban for four months.
by Arnab Shome
Executives

StoneX Hires SWIFT’s Edward Phelps as Head of Sales Strategy

  • Phelps brings about a decade of experience to the role.
  • The NFA slapped a $1 million fine on subsidiary StoneX Markets on Thursday.
by Solomon Oladipupo
Institutional FX

NFA Fines StoneX Markets $1 Million for Compliance Failures

  • The company agreed to settle but did not accept or deny the allegations.
  • Earlier, NFA slammed penalty on GAIN Capital, another subsidiary of StoneX Group.
by Arnab Shome
Retail FX

NFA Fines Interactive Brokers $250k for Retail FX, Supervisory Failures

  • Interactive failed to heed a warning issued in May 2021, NFA says.
  • The broker also ignored a directive from the NFA for three months after the deadline.
by Solomon Oladipupo
Binary Options

NFA Fines US Broker, Coquest, $275,000 for Compliance Failure

  • Woodbine, an LLC founded by Coquest Pres. & VP in 2010, has been allegedly trading futures without CFTC’s nod.
  • NFA charged Coquest with failure to supervise conduct of its employees and agents.
by Solomon Oladipupo
Retail FX

NFA Orders Introducing Broker Marex to Pay a $250,000 Fine

  • The decision is based on a complaint by the BCC and an offer by Marex.
  • The company allegedly allowed unregistered individuals to act as associated persons.
by Felipe Erazo
Regulation

NFA Sounds Alarm over Phishing Emails Impersonating Its Staff

  • The mass email scam appears to be from the source domain name '@nfa-futures.org'.
by Aziz Abdel-Qader
Regulation

NFA Bans Investment Advisor Monsoon and Founder Prakash

  • Prakash has been ordered to not reapply for membership for seven years.
by Celeste Skinner
Regulation

Trading.com Secures US Approval to Operate as FX Firm

  • The brand of the Trading Point Group has been registered by the NFA as a forex firm.
by Celeste Skinner
Institutional FX

NFA Hikes Margin Requirements for Norwegian Krone and Mexican Peso

  • NFA requires investors to put a minimum margin of 7% of their Krone trades and 12% of leveraged bets on the Peso.
by Aziz Abdel-Qader
Regulation

CFTC Charges Denari Capital & Co, with $8.3 Million FX Fraud

  • The fraudsters managed to con at least 28 participants, the CFTC alleges.
by Celeste Skinner
Regulation

NFA Bars Fortress for Helping FX Traders Get Around Regulations

  • Fortress told clients to open their accounts from foreign jurisdiction under the name of a friend.
by Aziz Abdel-Qader
Brokers

Taiwan Firm Cancels NFA Application for FX Dealer Member Status

  • Nanshan Jinchuang Co originally applied for the status in May of this year.
by Celeste Skinner
Regulation

Two More Brokers Applying For Retail FX Licenses in the US

  • Brightwin Securities and Nanshan Jinchuang both applied to become registered as NFEDs by the NFA last month
by David Kimberley
Regulation

NFA Fines East West Global $750,000 for Overcharging Clients

  • The filing also said the company failed to adequately disclose the high fees and poor overall performance of the pools.
by Aziz Abdel-Qader
Analysis

US Retail FX Market Survived the Worst and Is Finally Growing

  • Are we observing the rebirth of the US market and are more brokers to come?
by Sylwester Majewski
Regulation

Hong Kong’s SFC Warns Against Fake NFA-Regulated FX Broker

  • HKJHFX operates in Hong Kong but falsely claims to be regulated by the US National Futures Association (NFA).
by Aziz Abdel-Qader
Brokers

IG Group Gets US Regulatory Approval

  • The firm's Chicago office should start operations in the next couple of months
by David Kimberley
Regulation

NFA Hikes Margin Requirements for Turkish Lira and South African Rand

  • The move requires investors to put a 12 percent margin of their trades on the Lira and seven percent of bets in the rand.
by Aziz Abdel-Qader
Regulation

NFA Fines Global Asset Advisors $235,000 for Supervisory Breach

  • While NFA’s ban was into effect, Global Asset Advisors permitted an account to be opened for the trader's wife.
by Aziz Abdel-Qader
Regulation

NFA Announces Set of New Disclosure Requirements for Virtual Currencies

  • The new requirements are effective from October 31, 2018, and apply to all members who engage in virtual currency activities.
by Celeste Skinner
Regulation

NFA to Develop Required Testing for Swaps Traders

  • The proficiency requirements program is unlikely to be ready before early 2020
by David Kimberley
Regulation

NFA Fines X-Change Financial Access $100,000

  • The firm was founded to have helped Jonathan Hansen execute trades despite a trading ban issued against him
by David Kimberley
Regulation

National Futures Association Issues AML Warning to FCMs and IBs

  • NFA requires an independent testing of the adequacy of FCM’s and ‎IB’s ‎compliance program at least once every 12 months‎
by Aziz Abdel-Qader
Regulation

NFA Announces Effective Date for Amended Rules of Trade Costs Disclosure

  • The recent amendments will take effect on April 5, 2018‎.
by Aziz Abdel-Qader
See more
Next
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}