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New consumer protections for US traders

By   || January 14, 2010 at 13:07 GMT
|| 3 comments || Add comment

Congress has closed some loopholes in the law, giving the CFTC the power to regulate retail forex trading. Here are the details.

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3 Responses to “New consumer protections for US traders”

  1. almbayrak on January 14th, 2010 13:29 GMT

    so max leverage will be 1:10 then, forex will be again riche’s job.

  2. Bill on January 14th, 2010 14:31 GMT

    Are they going to do anything to prevent or discourage US-based traders from trading offshore?

  3. Jamie Coleman on January 14th, 2010 14:39 GMT

    From what I read, it looks like they want fewer, stronger US firms…trying to weed out the riff-raff

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