Search Results for: Forex
SEC: Forex Trader Misrepresented Track Record and Hid Massive Losses
June 3rd, 2016
The Securities and Exchange Commission charged a New York City-based Forex trader with defrauding investors out of millions of dollars by misrepresenting her investment track record, the profitability of her investments, and her use of investor funds. The SEC alleges ...
ESMA publishes Q&A on CFDs and other speculative products such as binary options and rolling spot forex
June 2nd, 2016
The European Securities and Markets Authority (ESMA) has published today an updated version of its question and answer document (Q&A) on the application of the Markets in Financial Instruments Directive (MiFID) to the marketing and sale of financial contracts for difference ...
ACPR and the AMF published websites offering investments on the unregulated Forex market in France
May 31st, 2016
The French Prudential Supervision and Resolution Authority (ACPR) and the Autorite des marches financiers (AMF) warn the public against the activities of several websites and entities proposing Forex investments without being authorised to do so. Here is the list ...
iForex closes Israel operation
May 31st, 2016
Israel based retail forex broker iForex has announced on its website that it has decided to withdraw the application for Forex Broker license in Israel and to end its brokerage activities in Israel effective immediately. Clients can no longer ...
CNMV issued a warning against tradingforex
May 31st, 2016
CNMV warns for unauthorised: tradingforex The regulatory body of the Spanish Stock Market, Comision Nacional del Mercado de Valores (CNMV), has issued a warning to inform investors and public in relation with a financial services firm that is not ...
Forex Brokers in Philipines try to stop Metrobank from closing their accounts
May 23rd, 2016
AMID a clampdown by banks on ties with money changers and remittance firms, a group representing local foreign exchange dealers is pushing back and challenging what it describes as a unilateral action of local banks to end its business ...
ECommPay: Regulations of FOREX industry
May 18th, 2016
Forex (FX) regulation is crucial to both security and mutual trust between traders and operators. Companies operating from jurisdictions lacking in regulatory supervision are able to do so in an unfair and illegal manner without facing serious repercussions. Moreover, ...
CySec: ACFX Forex Broker’s license continues to be suspended
May 12th, 2016
Following previous announcement dated 7 April 2016, the Cyprus Securities and Exchange Commission, following a decision at the meeting dated 9 May 2016, announces that the authorisation of the Cyprus Investment Firm ‘Atlas Capital Financial Services Ltd’ (‘the Company’), with number 085/07, ...
CFTC Announces Additional Names to Its List of Foreign Entities that Illegally Solicit U.S. Residents in Forex and Binary Options
April 19th, 2016
Registration Deficient (RED) List on CFTC Website Identifies Companies Operating Illegally without Being Registered As part of the U.S. Commodity Futures Trading Commission’s (CFTC) ongoing efforts to help protect Americans from fraud, today the agency announced the addition of ...
Israeli internet companies offering binary options and forex are coming under scrutiny
April 11th, 2016
Scam trading is ‘dark side’ of Israel tech leap Israeli internet companies offering customers around the world the opportunity to trade in “binary options” and speculate on currency fluctuations – the “forex” markets – are coming under scrutiny. Many ...
