We want reforms for forex traders. Our goal is to include forex traders in the discussion and the proposals, which is very hard unless the public contacts CFTC to let them know that forex traders also need to be protected.

CFTC Comment Period on Additional Customer Protections

We want reforms for forex traders. Our goal is to include forex traders in the discussion and the proposals, which is very hard unless the public contacts CFTC to let them know that forex traders also need to be protected.

FXCM Discussion

You are correct PoundTrader. Retail forex traders are not being included in the discussions at the moment. This despite the fact that thousands of retail forex trading accounts at PFG are currently trapped in bankruptcy. That's why it is important ...

FXCM Discussion

Highlights: CFTC Roundtable on PFG — Last Thursday the CFTC held a public hearing to determine what steps should be taken to repair the damage done by the bankruptcies of PFG and MF Global. I’d like to share with everyone some of the ...

FXCM Discussion

The roadblocks appear to be any kind of exchange fee to fund insurance could lead to higher fees for everyone. Also, NFA has stated they would need Congressional authorization to be involved in any kind of insurance scheme since their charter does ...

US broker PFGBest freezes funds after founder's suicide attempt

I can tell you from our discussions in Washington that while insurance is a very popular idea with the trading public there is strong opposition to it with certain members of Congress. The CME has serious concerns about the costs involved and has ...

US broker PFGBest freezes funds after founder's suicide attempt

They did indeed receive more comments on the leverage issue than ever before. And because of those comments the CFTC did not implement 10:1 leverage. While 50:1 leverage may not have been the ideal outcome for many traders, it was a big improvement ...

US broker PFGBest freezes funds after founder's suicide attempt

You are correct in stating that pulicly disclosing financials is not a panacea. However, in the futures industry it is becoming more important than ever due to the slipping profit margins of so many FCM's. A public disclosing requirement combined ...

US broker PFGBest freezes funds after founder's suicide attempt

CFTC Roundtable on PFG — This week the CFTC will be holding a public roundtable to address the concerns of traders in response to the bankruptcies of PFG and MF Global. FXCM would like to announce its own proposals to help restore confidence ...

US broker PFGBest freezes funds after founder's suicide attempt

CFTC Roundtable Regarding PFG — This week the CFTC will be holding a public roundtable to address the concerns of traders in response to the bankruptcies of PFG and MF Global. FXCM would like to announce its own proposals to help restore ...

FXCM Discussion