CFTC Releases Final Retail Forex Rules
By Bart Mallon on 08/30/2010 – 6:00 pm PDTLeave a Comment
. Leverage in retail forex customer accounts will be subject to a security deposit requirement to be set by the National Futures Association within limits provided by the Commission. All retail forex counterparties and intermediaries will be required to distribute forex-specific risk disclosure statements to customers and comply with comprehensive recordkeeping and reporting requirements.
The final rules become effective October 18, 2010.
Last Updated: August 30, 2010
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