Regulation
Trade Execution Rules Under Scrutiny – Integral Set to Launch SEF Compliant Solution Following CFTC Meeting
17
2013
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
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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’
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MB Trading Fined $200,000 For Failing to Maintain Minimal Capital Requirements
15
2013
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.
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Complete Developments, Incomplete Integrity. Forex Ponzi Scheme Operators Prosecuted
14
2013
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.
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Forex social trading broker eToro has announced the receiving of UK financial regulation from the Financial Conduct Authority (FCA). The license is expected to increase their UK presence significantly.
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Regulators Intervene against Fraud and Money Laundering Risks in Use of Pre-Paid Credit Cards
13
2013
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.
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The UK’s financial regulatory authority has issued a statement reminding member firms to update their disclosure which states who their regulator is. The new authority over took the Financial Services Authority on April the 1st 2013 after the government’s decision to …
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The U.S. Commodity Futures Trading Commission (CFTC) announced that on May 3, 2013, the U.S. District Court for the Eastern District of Wisconsin issued an Order freezing the assets of Defendant David Prescott, individually and doing business as Cambridge Currency …
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Turkey’s financial regulator has announced that it has investigated the operations of Teletrade Turkey and will be putting a criminal case against the firm. In a statement on its website, the financial authority outlines the fact that Teletrade was operating …
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First impressions count an the newly formed FCA seems to be taking this to heart as it continues to play ‘big brother’ in the UK financial markets. The Financial Conduct Authority (FCA) has charged Alex Hope of Docklands, London and Raj …
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