Foreign exchange fraud will be discussed by law enforcement and regulatory agencies at the fourth annual White Collar Crime Symposium in Saint John, N.B. on December 10. The symposium is hosted by the New Brunswick Securities Commission“Enabled by the internet and with the promise of high returns, forex trading is on the rise in Canada,” […]
Douse and James misled forex investors, OSC says
Australian, Canadian dollars increase market share
The U.S. Commodity Futures Trading Commission announced Tuesday that it has published new rules strengthening its oversight of one of biggest trouble spots under its authority, retail foreign currency transactions. The rules implement provisions of the US regulatory reform effort that give the CFTC broad authority to register and regulate firms wishing to serve as […]
Online brokerage fined $150,000
Overall trading volumes dropped in 2009
Drop off in hedge fund trading volumes had a disproportionate impact on global FX growth rates
$2.6 million in assets will be released to bankruptcy trustee for distribution to investors
Traders, portfolio managers gain direct access to real-time FX execution capabilities
Online brokerage disappointed, but will comply with decision