The FSA, which these days seems like the sanest regulator out there, proposed a much more stringent regulatory framework in order to create a consistent and more transparent structure for calculating financial penalties which could mean some fines treble in size. The FSA is the UK’s SEC, CFTC and NFA combined therefore its requirements are more down to earth and its actions are much better coordinated. The new framework will probably reduce the high pressure sale techniques employed by many forex firms. Ever since you enter your details on a landing page or in the process of demo registration you are constantly ... (full story)