The NFA has been a complete disaster for a lot of different reasons. This has me wondering if the republicans repeal the Dodd Frank financial regulation bill as they have stated they want too. Would the NFA lose its regulatory power over the Forex markets?
It really is too bad that the NFA has been such a mess. As the Forex market did need reasonable regulation, but that’s the problem with the NFA nothing they do is reasonable. The FIFO rule, NO hedging, and the PAMM ruling to name a few of the more well know rulings are just silly.
It really is too bad that the NFA has been such a mess. As the Forex market did need reasonable regulation, but that’s the problem with the NFA nothing they do is reasonable. The FIFO rule, NO hedging, and the PAMM ruling to name a few of the more well know rulings are just silly.