regulation
The Falcon Is Still In Flight - Major US Bank Embroiled In Misappropriation of PFG Client Funds
- Almost a year has passed since the CFTC began investigating the activities of Peregrine Financial Group and its alleged misappropriation of client funds. Now US Bank under regulatory spotlight due to similar accusations.
Wednesday, 05/06/2013 | 16:51 GMT by
Andrew Saks McLeod
iFXEXPO Industry Review: Binary Options Creating a Buzz
- One of the overwhelming themes of the iFXEXPO was that binary options are a hot product in the market. We take a look at some of the current trends taking place and new products and players in this evolving market
Wednesday, 05/06/2013 | 13:58 GMT by
Ron Finberg
MetaQuotes Puts The Copy Trading Cat Among The Pigeons - What Does the Industry Think?
- With MetaQuotes urging users of its MetaTrader 4 platform not to use copy trading platforms Myfxbook, Zulutrade, Tradeo and Tradency, the viewpoint within the industry on the matter begins to make its presence known.
Tuesday, 04/06/2013 | 09:09 GMT by
Andrew Saks McLeod
May Forex Industry Review: Liberty Reserve & iFXEXPO Lead the News
- A look at the major headlined during May. Record volumes, Liberty Reserve, the iFXEXPO, new products, and earnings reports all made headlines during the just completed month. What was the biggest story?
Sunday, 02/06/2013 | 12:13 GMT by
Ron Finberg
The IFXEXPO Forex Summit in Limassol Cyprus - Day Two Concludes 1,500-Strong Event
- As the sun sets on Limassol, Cyprus, the annual IFXEXPO hosted by Forex Magnates in conjunction with Conversion Pros draws to a close after another full day of in-depth industry discussion and senior level networking.
Thursday, 30/05/2013 | 15:17 GMT by
Andrew Saks McLeod
‘Pay Up - $1.5 Million’ CFTC Orders FCStone
- A leading US futures brokerage has received a penalty by the CFTC after failing to maintain systems and controls that could have prevented the firm in making a loss of $127 million during the global recession.
Thursday, 30/05/2013 | 07:12 GMT by
Adil Siddiqui
Liberty Reserve Website Officially Seized
- Liberty Reserve's website has been seized by US authorities. Viewers will now get a message that the site has been seized and there is no further DNS information provided. Account holders are left wondering the future of their funds
Tuesday, 28/05/2013 | 15:58 GMT by
Ron Finberg
Japanese FSA Releases Comprehensive Guidelines for Supervision of Financial Instruments , Introduces Capital Adequacy Monitoring
- Japan's FSA is the latest regulator to introduce a series of defined rulings as to how companies in the financial instruments and derivatives industry are monitored, including a very concise capital adequacy ratio directive.
Tuesday, 28/05/2013 | 09:48 GMT by
Andrew Saks McLeod
Financial Liberty Currently Reserved. Payment Methods Called Into Question
- The impending demise of Liberty Reserve has resulted in a degree of nervousness from industry participants and clients alike as speculation regarding the outcome of such payment methods is called into question.
Monday, 27/05/2013 | 13:54 GMT by
Andrew Saks McLeod
CFTC Reviews Obligations to Report Omnibus Account Information - White Label Partnerships Under Spotlight
- The Commodity Futures Trading Commission yesterday issued an advisory relating to the standard requirement by the US regulator to maintain correct reporting of omnibus accounts according to rule 17.04a.
Thursday, 23/05/2013 | 14:06 GMT by
Andrew Saks McLeod
Journey into the Unknown – Chinese Regulators Revising Laws to Assist Overseas FX Firms
- Chinese foreign exchange regulator SAFE has made steps toward reducing some of the entry barriers for foreign investment, leading to potentially lower entry barriers for overseas firms wishing to conduct business in the country. What risks lie ahead though?
Wednesday, 22/05/2013 | 12:14 GMT by
Andrew Saks McLeod
CFTC Figures for FCMs: Increase Over February, Decrease Over January
- The US Commodity Futures Trading Commission has released FCM financial data for March 2013. Among individual names, GAIN Capital was the biggest mover upside, aided by the broker's acquiring of FX Solutions' client base.
Tuesday, 21/05/2013 | 06:17 GMT by
Andrew Saks McLeod
FIX Protocol Publishes Global Post-Trade Guidelines - Implementation Underway
- Non-profit industry messaging organization FIX Protocol has launched new guidelines for post-trade processing as part of an initiative to standardize procedures internationally and maximize efficiency.
Monday, 20/05/2013 | 10:13 GMT by
Andrew Saks McLeod
Trade Execution Rules Under Scrutiny - Integral Set to Launch SEF Compliant Solution Following CFTC Meeting
- Integral Development Corporation responds to CFTC's meeting regarding trade execution rules. Company set to launch SEFs in accordance with deadline set by regulators at yesterday's public meeting in Washington
Friday, 17/05/2013 | 07:33 GMT by
Andrew Saks McLeod
Alpari RU Leaving New Zealand as Regulations Grow
- Aiming to contract its New Zealand operations as financial regulations in the country grow, Alpari has notified Apari NZ clients that their accounts are being transferred to a new division called 'Alpari Limited'
Thursday, 16/05/2013 | 17:23 GMT by
Ron Finberg
MB Trading Fined $200,000 For Failing to Maintain Minimal Capital Requirements
- United States financial regulator fines MB Trading a FX broker for failing to meet minimal capital requirements. The broker had miss-appropriated funds for 17 months after the new rules were mandated.
Tuesday, 14/05/2013 | 22:05 GMT by
Adil Siddiqui
Complete Developments, Incomplete Integrity. Forex Ponzi Scheme Operators Prosecuted
- Fraudsters Hit with $23 million Civil Restitution Penalty after CFTC uncovers forex Ponzi Scheme, further demonstrating the continued efforts by the US regulatory authorities to root out the bad apples.
Tuesday, 14/05/2013 | 06:40 GMT by
Andrew Saks McLeod
Regulators Intervene against Fraud and Money Laundering Risks in Use of Pre-Paid Credit Cards
- Britain's FCA and anti money laundering authorities take a close look at the use of pre-paid cards to fund forex trading accounts - and set in place penalties to put a stop to it.
Monday, 13/05/2013 | 15:11 GMT by
Andrew Saks McLeod
CFTC Charges Boston Fraudster for Running Un-regulated Forex Pool
Tuesday, 07/05/2013 | 04:27 GMT by
Adil Siddiqui
Turkish Regulator to Criminally Charge Teletrade Turkey
Tuesday, 30/04/2013 | 17:14 GMT by
Adil Siddiqui
TradingScreen Announces Meeting Dodd Frank FX Requirements
Monday, 29/04/2013 | 17:30 GMT by
Ron Finberg
UK Regulator FCA Charges Two for £5 million Forex Investment Fraud
Monday, 29/04/2013 | 17:15 GMT by
Adil Siddiqui
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