A top U.S. securities regulator is calling for a special investor alert to warn retail investors about the risks of trading off-exchange foreign currency contracts. Luis Aguilar, a commissioner at the U.S. Securities and Exchange Commission, issued a statement this week expressing concerns about retail forex fraud. His written statement came after the SEC approved a temporary rule that will allow brokers to continue to sell retail forex contracts to less sophisticated investors until the agency decides whether to implement more robust consumer protection rules prescribed by the Dodd-Frank Wall Street overhaul law. ... (full story)