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On November 17, 2009, NFA issued a Complaint charging IKON with failure to observe high standards of commercial honor and just and equitable principles of trade; and failure to adopt enhanced supervisory procedures.
ANSWER:
On December 21, 2009, IKON filed an Answer to the Complaint in which it denied the material allegations contained therein.
Decision:
On March 4, 2010, [...]

New websites:

Forexkills.com – a new blog by mataf.net’s Arnaud Jeulin. In his humble words: “This is my first post here. I’m Arnaud Jeulin, the owner of Mataf.net. I live in France.I don’t think I will publish more than one or two post per month. I won’t speak about trading here, only about forex industry and [...]

Those who are a few years in this market should remember One World Capital Group which was even registered with the NFA at the time but was shut down as under-capitalized and following numerous complaints.
One World owned the 1world-forex.com domain and was barred by the NFA in early 2009 for failing to cooperate with an investigation for a Complaint [...]

Interbank FX, is a major US broker, and it is lately growing very nicely outside of the US as well. What I find in particularly appealing in this broker is its emphasis on transparency and social elements in Forex – such as the performance page which shows Interbank FX’s real time performance allowing traders to see actual [...]

Looks like FXCM doesn’t stop even for a second. Less than a month since launching another East European client with Czech Patria Direct using its Trading Station platform FXCM now expands into the Mediterranean and opens a local office in Greece which until now wasn’t a very known Forex hub. With the exception of Zulutrade [...]

Join FXCM at the Rio in Las Vegas, May 3–4, 2010, for a two-day Forex Trading Extravaganza
FXCM is hosting a forex trading expo in Las Vegas on May 3–4, 2010. This two-day conference includes dozens of educational courses for all levels of trader experience. Central to the expo experience is a course track designed specifically [...]

fxstreet’s Francesc reported that CFTC has received 5,500 comments from brokers and traders. And all I can say is that this is a massive disappointment. I expected US traders to actually act on this proposal and voice out their displeasure. I guess I was totally wrong. If only 5,500 traders out of several hundreds of thousands [...]

COMPLAINT:
On December 16, 2009, NFA issued a Complaint charging FXT with cheating, defrauding or deceiving another person or attempting to do so; presenting hypothetical performance without required disclaimers and information; failing to submit promotional material prior to first use; failing to provide customers with a disclosure document; and failing to cooperate with NFA. The Complaint [...]

COMPLAINT:
On August 26, 2009, NFA issued a Complaint charging Frontline Financial, Frontline Advisors and Charles Guard Rice with failure to disclose material information to fund participants concerning the fund’s investments with convicted felon, Luis Rivas, and with other forex traders who were affiliated with Rivas, including information about the losses incurred with respect to these [...]

It’s a slow news week, what can I say…
In what appears to be a merger between two small Introducing Brokers/Trading Technology Providers Lightspeed Financial has acquired Noble Trading. Both of the firms are registered with several regulatory authorities including the NFA where both of the firms are registered as Introducing Brokers. Small parts of their [...]