NFA changes required minimum security deposits for FX transactions
NFA reduces the minimum security deposit for currency pairs involving the British pound (GBP) to 3%.
NFA reduces the minimum security deposit for currency pairs involving the British pound (GBP) to 3%.
Tullet Prebon FS failed to keep full, complete and systematic records of all transactions relating to dealing in commodity interests.
Given the recent volatility in the virtual currency market, NFA reminds members about certain disclosure and reporting requirements.
NFA’s Board resolved to reduce the FORTRESS segment fee to cut the NFA Forex regulatory program’s reserve balance.
NFA has ordered former associated person Peter Chris Georgantones never to reapply for NFA membership.
NFA orders JDN Capital never to reapply for membership or act as a principal of an NFA Member.
OANDA has agreed to pay a $200,000 fine in order to settle an NFA complaint regarding AML rule violations.
NFA orders former Akron, Ohio commodity pool operator Argo Wealth Management never to reapply for membership.
NFA said it noted an increase in the number of deficiencies at OANDA after the FX broker was acquired by CVC Capital in 2018.
LTG and Fullett placed trades in customer accounts that had extremely high commissions and fees with no benefit for the customers.