Tag Archives: Regulation
Gallant Capital Markets becomes the first forex broker to be licensed by the BVI FSC
6
2011
BVI, which for many is a synonym for an offshore haven and lax regulation, is no longer such. While it is still a place where corporate tax is 0%, its financial sector and regulation has undergone a major overhaul. Getting …
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In the wake of recent major reshuffling at FX Solutions, which includes replacing CEO Michael Cairns with David Trew, James Chen its Chief Technical Strategist has now moved to FXDD and will assume the role of Director of Technical Research …
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OANDA, the largest North American broker in terms of accounts, has recently achieved an FSA license. FSA licensing process is a very lenghty and costly procedure and OANDA probably initiated it well over a year ago – prior to leverage …
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Two years after being charged with operating a Ponzi scheme through his company CRW Management LP that solicited at least $10.9 million from more than 250 investors, ostensibly to perform foreign exchange trading Ray White on Tuesday was sentenced to 10 years …
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OANDA recently let its Canadian clients know that they will need to migrate their accounts to OANDA Canada in order for it to comply with IIROC regulations (thanks to Yohay from forexcrunch.com for the tip). Canadian regulations are as numerous …
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CMS FX might have ceased being a forex broker and transferred clients to Gain Capital, but it’s not out completely. On May 19th, 2011, the NFA Business Conduct Committee charged CMS with failing to implement an adequate business continuity and …
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CFTC Charges Angel Collazo and ACJ Capital, Inc. with Solicitation Fraud and Issuing False Statements in Forex Scheme
16
2011
Federal court issues order freezing defendants’ assets and protecting books and records. Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC) today announced that it filed a complaint charging Angel Fernando Collazo of Salinas, Puerto Rico, and his company, …
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