NY businesses Safety Capital Management and GNS Capital, operating as FOREXNPOWER, fraudulently solicited more than $1.5 million in an OTC Forex scheme.
Read moreThe proposal, which was first issued in late 2013, is finally approved and will demand from IBs, commodity trading advisors and certain commodity pool operators to have registration with the National Futures Association.
Read moreRon Earl McCullough and David Christopher Mayhew will have to pay $1,223,388.43 in restitution and a $2,486,619.87 civil monetary penalty for operating a fraudulent Forex scheme.
Read moreThe case of “one Forex dealer member” that suffered losses on Black Thursday has led to profound changes in US Forex regulation, including higher capital requirements.
Read moreThe sum reflects higher expenses, due to the expansion of swaps regulatory programs and beefing up of NFA's technology staffing.
Read moreThe financial services giant has reached a settlement with DoJ and the Fed, along with an agreement to settle a private class action in the US.
Read moreRetail forex broker FXDD and the US National Futures Association (NFA) have agreed on a $500,000 settlement relating to administrative issues, as FXDD has been in process of exiting the US retail forex market making business to act as an introducing broker in the US. As we reported earlier, FXDD sold its US business to…
Read moreThe National Futures Association has granted membership and introducing broker status to Livevol Securities, the broker-dealer arm of US software provider Livevol Inc.
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