These are the main highlights of the CFTC Positioning Report for the week ended on October 27 th:. Speculators reduced their euro net longs positions to levels last seen in mid/late July pari In regards to leverage, there was a compromise to address the 10,000+ letters written by the public to the CFTC after they proposed a leverage reduction from 100:1 to 10:1. Leverage on major currency pairs was capped @ 50:1 while leverage on non-major pairs as capped at 20:1. In addition, Introducing Brokers (IB's) and marketers will now be required to follow the same rules as "Guaranteed IB's Forex, and the CFTC had not exercised its gen-eral rulemaking authority under Section 8a(5) of the CEAin this area. Further, because the entities that were permitted to engage in Retail Forex transactions included affiliated persons of FCMs,32 many firms formed “shell FCMs” that registered as FCMs but engaged in Retail Forex activities through unregistered affiliates. As a practical Starting July 15th, 2011, enforced by CFTC, in accordance with Dodd–Frank Wall Street Reform and Consumer Protection Act, all US based Forex brokers, who are registered with CFTC, are required to stop offering leveraged commodities and precious metal trading (including Gold & Silver) to retail clients.. As the result, US traders will no longer be able to trade popular precious metal pairs The Ninth Circuit’s decision, now final, confirmed (1) that the Commodity Exchange Act (CEA) empowers the CFTC to prosecute fraud in cash-commodity markets regardless of whether there has also been market manipulation; and (2) that in order to escape regulation under the CEA, a purveyor of leveraged retail commodity transactions must actually deliver that commodity, and may not rely on sham
BASIC contains all CFTC registrations and NFA membership information, as well as futures related regulatory and non-regulatory actions. The organization also
Sep 23, 2019 CFTC (Commodities Futures Trading Commission). Commodities Futures Trading Leverage is limited up to 1:30 on Forex pairs. Brokers need to Control regulation by issuing relevant Directives and Decisions. Exchange Apr 9, 2013 After studying and considering the CFTC's retail forex rule, and covers rolling spot forex transactions offered or entered into on a leveraged or on from your banking institution in making any trading or account decisions. (“CFTC”) and as a broker-dealer with the U.S. Securities and Exchange is subject to capital, liquidity, leverage and other requirements designed to Morgan Stanley is exposed to foreign exchange rate and implied volatility risk as a result of Department affirmed the trial court's decision denying in part the Firm's motion BASIC contains all CFTC registrations and NFA membership information, as well as futures related regulatory and non-regulatory actions. The organization also
NFA Forex brokers - US brokers fully registered and regulated by National Futures Association (NFA). Complete NFA Forex brokers list.
Final CFTC Rules Announced - The leverage decision we were waiting for. From cftc.gov. The proposed 10 to 1 leverage restriction has been replaced with a mechanism whereby the Commission sets parameters (the release specifies a minimum 2 percent security deposit in the case of major currencies and 5 percent of the notional value of the transaction for all other currencies) and periodically reviews the appropriateness of those parameters.
03.08.2020
Leverage in retail forex customer accounts would be subject to a 10-to-1 limitation. The good thing that it’s still just a proposal and that CFTC is expecting a feedback from the market participants to evaluate the necessity and possibility of such means. You may send your opinion to CFTC via the e-mail: secretary@cftc.gov (don’t forget to use “Regulation of Retail Forex” as the 02.06.2020 03.08.2020 23.10.2020 The absurd proposal by the CFTC to limit leverage in forex to 1:10 is causing anger. Here’s how you act to stop it! The CFTC is beginning to regulate American forex trading. In their initial proposal, there’s an idea to limit leverage to 1:10. High leverage is one of the key characteristics of forex trading. If this proposal is implemented The US Commodity Futures Trading Commission’s (CFTC) proposal to limit leverage for foreign exchange firms to 10 to 1 has prompted a flood of criticism from service providers and their clients. The CFTC announced on 13 January that it would seek public comment on proposed regulations for the retail forex market that would put in […] 02.10.2020
Forex futures positioning for the week ending October 20, 2020: The GBP shorts were wise to get out of the way ahead of Wednesday's news on restarting negotiations. The nearly-flat positioning now
US Government interventions. In August 2008, the CFTC set up a special task force to deal with growing foreign exchange fraud. In January 2010, the CFTC proposed new rules limiting leverage to 10 to 1, based on "a number of improper practices" in the retail foreign exchange market, "among them solicitation fraud, a lack of transparency in the pricing and execution of transactions 01.09.2010 The decision will go a long way in determining the future of many retail forex brokers doing business in the United States. The CFTC wants to restrict leverage to 10:1 for retail transactions. This comes as financial regulatory bodies are under increasing pressure to protect the public from both predatory lending policies and themselves. 02.09.2010 Click HERE to find out ⭐ CFTC Action Will Have Big Impact on Crypto Exchanges: Attorney Warns Crypto Exchanges that Regulator is Not Afraid to Pursue Big Market Participants. | Crowdfund Insider 22.01.2010 These are the main highlights of the CFTC Positioning Report for the week ended on October 27 th:. Speculators reduced their euro net longs positions to levels last seen in mid/late July pari