cftc

Crypto in the Crosshairs. The CFTC vs. Binance.com The regulatory crackdown on cryptos has a new chapter. The last regulator in the world any broker wants a problem with is the US Commodities and Futures Trading Commission (CFTC). If the US is connected to a broker or its clients in any...

CFTC.gov - The US Commodities and Futures Trading Commission IMPORTANT - Like the SEC, the CFTC accepts reports without regard to whether any person or company involved is connected to the USA. They know the best way to keep international scams away from the US is to collect and share...

5 Days FOREX % Change for the Major Currency Pairs. Including CoT Non-commercial net position volume change, as of this Tuesday 5th October. #CoTReport USD longs 26.4(+1.4K) are at the most extreme since June 2019. EUR -22.4K(-23.2K); GBP -20K(-21.6K); CAD -23.3K(-5.5K); AUD -89.9K (-2.7K)...

Hello Everyone, I'm seeking help to read the CoT report correctly, and trying to integrate the CoT report into my FX dashboard via Excel. Till now, I know, for example, CoT report net positions of EURUSD as of 17 Aug, 57.6K as below chart shows. My question is how can I get/calculate/read...

CFTC charges Jason Scharf, Citrades, and associates with Binary Options Fraud Some days it feels like the scammers never get caught and punished. Today is not one of those days. Today, a major scammer has a date with justice. The CFTC just made the announcement. Jason Scharf of Citrades...

First, I'd like to thank Simona Weinglass of the Times of Israel for writing about this. I don't have time to visit every regulator's website every day. I'd also like to thank FPA member Keysha for sending me a message about it. Here's the full text of what the FBI has to say about Binary...

Breaking news from the CFTC about FXCM... RELEASE: pr7528-17 February 6, 2017 CFTC Orders Forex Capital Markets, LLC (FXCM), Its Parent Company, FXCM Holdings, LLC and FXCM’s Founding Partners, Dror Niv and William Ahdout, to Pay a $7 Million Penalty for FXCM’s Defrauding of Retail Forex...

This information is from Giambrone Law... Exchange of Information Between the FCA and the CFTC The Financial Conduct Authority in the UK and the Commodity Futures Trading Commission in the USA have recently announced the signing of a Memorandum of Understanding on the Cooperation and...

I don't know where I was getting at with the inverse sarcasm paradox comment, but wait for it... Dodd-Frank had it right. Against all sanity, I really do mean that. The really horrible part about it, is that the only real thing they messed up were the ridiculous measures aimed at retail...

I have a love-hate relationship with the CFTC. I love how they track down scammers. I love how they can often get at least some stolen money back. I love that they protect US traders as best they can. Then there are the things I hate. I hate that they make it very hard for US citizens to...

I'm very pleased to report that two more binary options brokers have been hauled into federal court by the CFTC. In March, I reported on the charges against them. The wheels of justice are speeding up. Less than 5 months later, the court ruling has come in. They've been found guilty and...

The wheels of justice are slow, but I think they are showing signs of speeding up. Not only is the CFTC filing charges, but the details published show larger cooperation in the efforts to deal with binary scammers. The CFTC worked with Cysec, the Ontario Securities Commission, and the Israeli...

In 2013, the CFTC filed charges against Banc de Binary. In 2014. additional charges were filed, including charges directed at Oren Shabat Laurent, the CEO of the companies. The SEC filed charges in parallel with the CFTC. The wheels of justice turn slowly, but they do turn. In January, 2016...

CFTC hits Barclays with over half a Billion in fines A few people complained that earlier fines for currency price manipulations by makor banks were just part of the cost of doing business. If so, business costs as Barclays just went up $515 million dollars. They got fined $115 million for...

CHF Crisis Causes NFA to Considering New Regs Nothing is off the table. According to Bloomberg.com, the NFA is considering new regulations. FXCM's need for a $300 million loan to keep itself afloat in the wake of the CHF crisis has gotten the NFA's attention. Because of this, the NFA is...

Last month, the CFTC fined 5 major banks 1.4 billion for manipulating currency prices. Now there's a report of New York's Department of Financial Services going after banks. Bloomberg.com reports that 2 banks may be in trouble for using software to try to manipulate forex prices. This is...

There's no need to wonder if the biggest players on the forex field try to manipulate exchange rates. The CFTC just slapped 5 of the biggest banks with $1.4 Billion in fines. This brings the total fines for this sort of activity to over $3.34 Billion. Additional penalties are being imposed...

I'm told that FXDD recently transferred its retail clients in the US to FXCM. I wonder if this press release from the CFTC had anything to do with it... RELEASE: PR7009-14 September 24, 2014 FXDirectDealer, LLC Ordered to Pay $600,000 Civil Monetary Penalty and to Comply with Three-Year...

The CFTC had been cracking down on precious metals investment fraud. Here's their official warning on the subject... CFTC FRAUD ADVISORIES Precious Metals Fraud The following information is designed to notify you about tricky promises of easy profits from rising prices in precious metals...

CFTC adds to its complaint against Banc de Binary The CFTC has added into its previous complaint against Banc de Binary. It also has specifically named Oren Laurent as the person behind all the companies. From the CFTC's website... May 7, 2014 CFTC Amends Complaint against Banc de Binary...