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Forex broker trade data disclosure rules to be effective March 31: NFA
National Futures Association (NFA), the self-regulatory organization for the U.S. derivatives industry, has announced that its new proposed rules regarding trade data disclosure around Forex transactions will become effective as of March 31, 2017. We had reported back in November that the NFA decided that more transparency was needed in retail forex transactions – in particular, giving clients more insight into exactly how their order was filled, in comparison to other transactions occurring at around the same time. The NFA’s proposals were sent for review to the CFTC. The NFA today gave notice that the CFTC has ... (full story)
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