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Blogs about basic information in forex trading, forex participants and how to earn big in forex trading.CFTC rules could be blow to retail currency traders
NEW YORK, Feb 09 (Reuters) - Rules proposed by the regulator of U.S. futures markets to fight fraud in foreign currency trades are too restrictive for retail trading firms and could dramatically cut into the growing business, dealers


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CFTC rules could be blow to retail currency traders
NEW YORK, Feb 09 (Reuters) - Rules proposed by the regulator of U.S. futures markets to fight fraud in foreign currency trades are too restrictive for retail trading firms and could dramatically cut into the growing business, dealers said.
The Commodity Futures Trading Commission was given clearer authority last month, in farm legislation passed by Congress in 2008, to go after foreign currency (forex) trading scams being pulled off in the unregulated over-the-counter market.

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