March 30, 2016 BY Maria Nikolova

FXPA urges FX exemption from new SEC derivatives rules

The Foreign Exchange Professionals Association (FXPA), a Forex trade body that commenced operations in September 2014, today announces that it has submitted comments to the U.S. Securities and Exchange Commission (SEC) regarding proposed rules governing the “Use of Derivatives by Registered Investment Companies and Business Development Companies”. FXPA is calling for an exemption for FX…

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