Tag Archives: CFTC
CFTC also charges that bank concealed material information from, and made material false statements to, a futures exchange In the complaint: From at least June 2007 to May 2010, Defendant Royal Bank of Canada (“RBC”) conducted a wash trading scheme …
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A Puerto Rican FX fund manager has been fined by a United States district court in Puerto Rico for dealing fraudulently in Foreign Exchange trading. Angel Collazo owner of ACJ Capital Inc was accused by US regulator CFTC of fraudulently trading …
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The Commodity Futures Trading Commission (CFTC) announces that on Thursday, March 29, 2012, the CFTC’s Technology Advisory Committee (the “TAC”) will hold a public meeting at the Commission’s headquarters in Washington, DC from 10:00 a.m. to 5:00 p.m. This meeting …
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Following MF Global’s debacle NFA and CFTC are seeking ways to strengthen client funds protection. One of the obvious ways of doing that is the segregation requirement which for instance didn’t exist for forex brokers until now. This will soon change. Forex Magnates sources …
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Windsor Brokers becomes the latest broker to settle with CFTC for accepting US forex clients
7
2012
The list is getting longer and longer: On February 29th 2012 Enfinium settled with the CFTC, FXOpen and InterForex did the same earlier this year. It seems there’s a clear distinction now between two types of firms sued by the CFTC: …
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In September 2011 CFTC sued 11 forex firms for various violations of its requirements including accepting US forex traders by some firms despite not being registered with the CFTC. This was the second part of what CFTC calls ‘nationwide sweep’ …
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Apparently CFTC is not as homogeneous as one might think. Two of its Commissioners, Commissioner Jill E. Sommers and Commissioner Scott D. O’Malia, are publishing a dissent from CFTC’s 2011 annual performance report saying that it focused on Dodd-Frank much more than it should …
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CFTC every month publishes the total amount of liabilities of US forex brokers towards their retail forex clients. Lately we’ve seen that Total Amount of Retail Forex Obligation of US traders grew by $3 million in November 2011, grew by $30 million in …
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Similar to FXOpen which settled similar case in January 2012 and unlike InstaTrade and ZTrade who didn’t settle but were penalized, InterForex settled the case with CFTC for accepting US forex traders. InterForex through its lawyer Felix Shipkevich entered into …
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