The PFG bankruptcy proceedings are turning into a tragedy for PFG's retail forex customers who may now be forced to stand by and watch their funds...
The CFTC has released a transcript from the public roundtable that was held in August....
Reuters has just published an exhaustive two part special report on the fraud perpetrated by Russ Wassendorf. Wassendorf spent tens of millions...
Many PFG customers have had a hard time with the CFTC's position opposing the distributions. Your sarcasm is justified danger kitty.
The federal bankruptcy judge in the PFG case authorized a series of initial customer distributions today....
The National Futures Association has added some additional public financial information on their BASIC search function effective September 1:...
As regulators continue to investigate PFG news is coming out showing that the futures firm had been losing money for years:...
Last week the Trustee of PFG's estate announced a series of limited distributions to customers of the bankrupt firm. Of interest to retail forex...
Next Wednesday morning the CFTC will be holding a meeting where they are expected to announce additional post-PFG customer protections. As I...
I've been asked why retail forex does not have seg funds protection and so I wanted to pass along this brief regulatory history of the retail...
You are correct in stating that "seg funds" is a steep hill for NFA to climb at the moment because of the way the current law is written. My...
We've been told by the NFA that the instant "view only" bank account access that FCM's must now grant to the NFA is not applicable to Forex...
Very true.
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