actions taken against a registrant, through the National Futures Association (NFA). Speeches and Testimony: Speech of Enforcement Director James. Financial companies involved in investment services to adhere to their strict regulatory guidelines. Although, when it comes down to it, the cftc is responsible for the protection of participants in the financial market and the integrity and transparency of these financial markets.
Forex trading can b e legitimate for governments and large institutional investors concerned.
The Forex market is volatile and carries substantial risks.
The cftc has witne ssed a sharp rise in Forex trading scams in recent years and wants to advise you.
This has deterred many companies from setting up shop at.S. Note that introducing brokers are not one of the permitted counterparties and therefore cannot be lawfully involved in off-exchange foreign currency transactions with retail customers. Similarly, information on firms or individuals registered with the Securities and Exchange Commission may be found through the National Association of Securities Dealers (nasd) public disclosure program, available on the nasd regulation website. Now, in todays current state of affairs, the cftcs main goal and responsibility is to create and maintain open, transparent, competitive, and financially stable markets. By overseeing these markets, the cftc hopes to create fair and transparent markets for traders as well as maintaining the integrity of brokerages in the markets. The authority has developed numerous rules and guidelines for the protection of investors by safeguarding the integrity of financial markets. Generally, retail customers are: (1) individuals with less than 10 million in total assets, or less than 5 million in total assets if entering into the transaction to manage risk, and who are not registered as futures or securities professionals; (2) companies, other than financial. The cftc has a slew of resources and tools committed to helping investors make informed financial decisions. Bitcoin, resources for market participants and customers on virtual currency and the cftc's role in oversight of this emerging innovation.