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Court cracks down on unregistered retail forex dealer
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Investor Protections
Monday, February 13, 2012
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A federal court barred a foreign firm from soliciting or accepting orders to trade foreign currency from U.S. retail customers. The action is part of the Commodity Futures Trading Commission's second nationwide sweep against foreign currency firms for failure to register under the 2008 Farm Bill, the Dodd-Frank Act and commission regulations. Read on for the details.
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