The prop trading industry has become very cautious after My Forex Funds was slapped with fraud charges in the United States. Behind the scenes, these prop trading companies are taking many steps to bolster their compliance. However, one of the visible ones is the sudden language change on their websites. Several prop trading firms, including the popular ones, are now using carefully picked words and phrases to highlight that their "challenges" are taking place on virtual trading platforms rather than on live markets. One of the prominent examples is The Trading Pit. The platform recently added a Risk Disclosure ... (full story)