Paliz there has never been a recorded case of a well capitalized, registered forex dealer broker going out of business. Bear Stearns did not offer...
New CFTC Numbers Are Out And with the Congress set to raise minimum capital requirements for forex dealers to $20 million these numbers are...
Forex Fraud Roundup Been doing well trading recently so I haven't had much time to post (gotta love volatility!) In any case the shysters...
I'll have to call the firm "IFX Solutions" and give them a $33 million net cap number in the next report.
Updated Capital Numbers The CFTC has finally released the December 2007 net capital numbers. This is our first look at the forex industry...
No Problem with CFTC I don't have any problems with registering Introducing brokers and giving CFTC more oversight. My sole concern is the new...
The $20 Million Dollar Guillotine Should the Congress pass legislation requiring all firms have a minimum net capital requirement of $20...
Call Your Congressman! 2007 was a year of change in the forex industry, most of it for the better as some of the seedist firms in the industry...
NFA Fines AMIFX Advanced Markets just got nailed for shoddy book keeping. Here is the the NFA's official statement:
That is a silly statement. The NFA has publically stated the problems in the fx industry are due to poorly capitalized firms not well capitalized...
Who Has What With Congress set to increase capital requirements to $20 million and with the NFA having previously narrowed down the list of...
Here We Go Again Well it appears the NFA is not done with its capital increase crusade. They are pushing hard in the Congress to increase the...
Goodbye to YOU A new year brings with it a new forex industry. Let's hope that the new year will be a lot better than the last. Last year the...
NFA Fines Solid Gold No word on whether Solid Gold has made the capital requirement however.
Judgment Day Today is the day when the $5 million minimum capital requirement rule takes effect. News out of Money Garden is that they are...
Chood ditch the tinfoil hat and try again.
Every industry has its scam artists Chood. Futures and Stocks have plenty of their own crooks. Ever seen the movie Boileroom? The point is to...
CFTC Raids FXLQ Forex Liquidity is apparently in debt to its customers to the tune of $11.6 million. Here is the official CFTC Press Release:
One World Sings the Blues Now that the CFTC has begun their investigation of One World Capital expect some rather unsavory things to come out...
Breaking News: FXLQ To Close Its Doors An email is circulating around the net that FXLQ has apparently sent to their customers. The CFTC is...
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