Posts belonging to Category Forex Fraud
Posted by Page PerryonJanuary 21, 2011
The world of foreign currency exchange trading or forex is rife with fraud. We are talking about stealing customers’ funds, as well as misrepresentations and omissions to disclose the true risks of forex trading even when the investors’ money is actually invested. Consider the following.
Categories: Commodities and Futures, Forex Fraud, Market Developments, Regulatory Developments, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools
Posted by Page PerryonJanuary 19, 2011
It may seem like something out of a movie where thieves or opportunists try to make money by taking advantage of fractions of a penny differences in trading, but unfortunately the National Futures Association, a self-regulatory organization policing the futures market, is beginning to analyze trades executed by its 16 member forex (foreign exchange) firms […]
Categories: Brokerage Firms, Commodities and Futures, Forex Fraud, Investment Malpractice, Regulatory Developments, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools
Posted by Page PerryonSeptember 10, 2007
The U.S. Commodity Futures Trading Commission (CFTC) recently announced that a federal court in Texas had entered a final judgment order imposing monetary sanctions against Premium Income Corp. (PIC), and its affiliates, Inforex, Ltd., and Tri-Forex International, Ltd. totaling more than $123 million.
Categories: Commodities and Futures, Forex Fraud, Regulatory Developments, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools