Forex-News
08-01-2010, 09:46
Click Here To Read The Article "CFTC Proposal On Forex Leverage Could Put US-Based Forex Brokers Out Of Business" (http://feedproxy.google.com/~r/forexforumsfeed/~3/QpK5cnKb5Vk/)
If you trade forex with a US regulated forex broker, this will concern you.
On January 13 2010, the Commodity Futures Trading Commission (CFTC) proposed a set of rules governing the off-exchange retail forex brokers. The rules include change in minimum capital, record keeping, financial reporting, the amount of leverage allowed, among other operational standards.
The CFTC is considering limiting the leverage offered by forex brokers to retail customers at 10:1. Yes, 10 times leverage. … [visit site to read more (http://www.dailymarkets.com/forex/2010/01/17/cftc-proposal-on-forex-leverage-could-put-us-based-forex-brokers-out-of-business/)]
http://feeds.feedburner.com/~r/GraceCheng/~4/QpK5cnKb5Vk
If you trade forex with a US regulated forex broker, this will concern you.
On January 13 2010, the Commodity Futures Trading Commission (CFTC) proposed a set of rules governing the off-exchange retail forex brokers. The rules include change in minimum capital, record keeping, financial reporting, the amount of leverage allowed, among other operational standards.
The CFTC is considering limiting the leverage offered by forex brokers to retail customers at 10:1. Yes, 10 times leverage. … [visit site to read more (http://www.dailymarkets.com/forex/2010/01/17/cftc-proposal-on-forex-leverage-could-put-us-based-forex-brokers-out-of-business/)]
http://feeds.feedburner.com/~r/GraceCheng/~4/QpK5cnKb5Vk