CFTC finally uncovers FXOpen's ploy; working as an unregistered forex dealer.
Illinois Federal Court Imposes $140,000 Civil Monetary Penalty on Foreign
Currency Firm, FXOpen Investments Inc., for Acting as an Unregistered Retail
Foreign Exchange Dealer
Action part of CFTC's nationwide sweep against foreign currency firms for
failure to register under the 2008 Farm Bill, the Dodd-Frank Act, and CFTC
regulations
WASHINGTON, DC - The U.S. Commodity Futures Trading Commission (CFTC) has
obtained a federal court consent order requiring defendant FXOpen Investments
Inc. (FXOpen), a foreign firm, to pay a $140,000 civil monetary penalty...
Story attached.
Illinois Federal Court Imposes $140,000 Civil Monetary Penalty on Foreign
Currency Firm, FXOpen Investments Inc., for Acting as an Unregistered Retail
Foreign Exchange Dealer
Action part of CFTC's nationwide sweep against foreign currency firms for
failure to register under the 2008 Farm Bill, the Dodd-Frank Act, and CFTC
regulations
WASHINGTON, DC - The U.S. Commodity Futures Trading Commission (CFTC) has
obtained a federal court consent order requiring defendant FXOpen Investments
Inc. (FXOpen), a foreign firm, to pay a $140,000 civil monetary penalty...
Story attached.
Attached File(s)
fxopen.txt
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