DislikedOTC spot forex is unregulated in the USA - you can start a spot forex brokerage without any affiliation to the NFA & subject to no regulation by CFTC - witness The Collective FX.
I have read that current proposed lawmaking will bring ALL OTC trading under regulatory jurisdiction of the CFTC (or some other governmental agency?)...
Somebody correct me if I'm wrong or fill in the blanks....Ignored
- Joined Apr 2009 | Status: Live and learn. | 21,847 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- Joined Apr 2009 | Status: Live and learn. | 21,847 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- Joined Apr 2009 | Status: Live and learn. | 21,847 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- Joined Apr 2009 | Status: Live and learn. | 21,847 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- Joined Apr 2009 | Status: Live and learn. | 21,847 Posts
"If The Fool persists in his Folly he will become wise." - William Blake