Integral
Trado Logic

Regulation

Go to Jail: FCA Sentences FX Fraudsters Alex Hope and Raj Von Badlo to Prison

2 Comments

The lingering battle between Alex Hope and Raj Von Badlo vs. the Financial Conduct Authority (FCA) came to a fitting end Friday, with a pair of prison sentences being dolled out for FX fraud. Mr. Hope was initially arrested as …
Read more

MahiFX Granted FMA License for Derivatives Offering in NZ

0 Comments

MahiFX has been granted a license from Financial Markets Authority (FMA), bringing its comprehensive derivatives offering under the regulatory jurisdiction of New Zealand’s principal compliance entity.
Read more

FMA Oversees 96% of Client Funds Restored at Excel Markets

4 Comments

The 16th of January is a day that will live in infamy at Excel Markets following its cessation of services and closure. However thanks to the New Zealand’s FMA, client funds have been returned, defusing a potentially grim scenario.
Read more

Breaking: Dutch Court Ruling Could Reshape Binary Options Regulation under MiFID

0 Comments

Creating an EU-wide precedent, the Dutch court has mandated the Netherlands Authority for the Financial Markets to Issue a license to local binary options provider Optieclub in accordance with MiFID guidelines.
Read more

TAGS: , ,

Regulatory Trifecta Issue Warnings on Fraudulent FX Operations

0 Comments

Market regulators in both Spain and Greece issued a warning to market participants on the FX operations of Simple Trading Corporation Ltd., FXGL Capital and Global Markets OOD.
Read more

CFTC Levies $9.6 Million Fine against Anthony Lauria, Gold Coast Bullion

1 Comments

CFTC orders Florida Resident Anthony Lauria and his company, Gold Coast Bullion, Inc., to pay more than $9.6 million in restitution and a civil monetary penalty in off-exchange precious metals fraud.
Read more

CySEC Reports 24 Brokers Incur Losses of $47.9 Million Following Swiss Tempest

13 Comments

The SNB fallout has reverberated throughout the FX industry, and following an earlier CySEC call to CIFs, 24 firms were found to have experienced $47.9 million (€42.5 million) in losses.
Read more

US Watchdog Enforces Higher Margins on FX Crosses, 3% on JPY & AUD

4 Comments

Retail FX brokers in the USA will be adhering to regulatory requirements to increase margin values on certain major and exotic financial instruments. The move comes amid heightened volatility in global markets.
Read more

TAGS:

FX Options Scam Charged by US Court – $2.16 Million Penalty and Trading Ban

0 Comments

A US court has issued a charge against two individuals and a company for misdoings. The two were charged $2.16 million for FX derivatives fraud and handed down a permanent trading ban.

Read more

TAGS: ,

Breaking: NFA Raises Margin Requirements for Swiss Franc, Swedish Krona and Norwegian Krone

3 Comments

Following last’s week Swiss franc volatility and fallout, which leverage played a large part in, speculation arose that the event would trigger a focus on margin requirements by regulators. In what could be the first of many similar announcements from …
Read more

TAGS: , , ,
 
 

Note: Copyright © 2014 Forex Magnates. All rights reserved.

All materials contained on this site are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of Forex Magnates. You may not alter or remove any trademark, copyright or other notice from copies of the content. All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at Forex Magnates are those of the individual authors and do not necessarily represent the opinion of Forex Magnates or its management. Forex Magnates has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur. Any opinions, news, research, analyses, prices or other information contained on this website, by Forex Magnates, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. Forex Magnates will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

©2014 "Forex Magnates Inc. - Home of the Forex Elite" All Rights Reserved.