I'm sure many of you have heard by now but the CFTC published final rules for Forex trading in the United States last night.
The best article out right now about this is available here: CFTC Forex Rules In Effect October 18, 2010 | Turnkey Trading Partners.
The actual CFTC information can be found here:
http://www.cftc.gov/ucm/groups/public/@newsroom/documents/file/forexfinalrule_qa.pdf
It looks like things will stay largely the way they have been with a drop in leverage and a requirement for all brokers to register.
Time to breathe a little bit easier
The best article out right now about this is available here: CFTC Forex Rules In Effect October 18, 2010 | Turnkey Trading Partners.
The actual CFTC information can be found here:
http://www.cftc.gov/ucm/groups/public/@newsroom/documents/file/forexfinalrule_qa.pdf
It looks like things will stay largely the way they have been with a drop in leverage and a requirement for all brokers to register.
Time to breathe a little bit easier