New consumer protections for US traders
Congress has closed some loopholes in the law, giving the CFTC the power to regulate retail forex trading. Here are the details.
Congress has closed some loopholes in the law, giving the CFTC the power to regulate retail forex trading. Here are the details.
3 Responses to “New consumer protections for US traders”
so max leverage will be 1:10 then, forex will be again riche’s job.
Are they going to do anything to prevent or discourage US-based traders from trading offshore?
From what I read, it looks like they want fewer, stronger US firms…trying to weed out the riff-raff