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	<title>Forex Magnates &#187; CFTC</title>
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	<link>http://forexmagnates.com</link>
	<description>Forex Magnates is the home of the Forex Elite providing up to date industry news coverage, commentary and scoops</description>
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		<title>InterForex &#8211; Another foreign forex broker settles with the CFTC</title>
		<link>http://forexmagnates.com/interforex-another-foreign-forex-broker-settles-with-the-cftc/</link>
		<comments>http://forexmagnates.com/interforex-another-foreign-forex-broker-settles-with-the-cftc/#comments</comments>
		<pubDate>Fri, 10 Feb 2012 00:43:52 +0000</pubDate>
		<dc:creator>Michael Greenberg</dc:creator>
				<category><![CDATA[Regulation]]></category>
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		<guid isPermaLink="false">http://forexmagnates.com/?p=10469</guid>
		<description><![CDATA[Similar to FXOpen which settled similar case in January 2012 and unlike InstaTrade and ZTrade who didn&#8217;t settle but were penalized, InterForex settled the case with CFTC for accepting US forex traders. InterForex through its lawyer Felix Shipkevich entered into &#8230;<br/> <a href="http://forexmagnates.com/interforex-another-foreign-forex-broker-settles-with-the-cftc/" class="readmore">Read more</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<title>One World Capital was apparently a forex ponzi &#8211; owners John Walsh and Charles Martin get 12-17 years in prison</title>
		<link>http://forexmagnates.com/one-world-capital-was-apparently-a-forex-ponzi-owners-john-walsh-and-charles-martin-get-12-17-years-in-prison/</link>
		<comments>http://forexmagnates.com/one-world-capital-was-apparently-a-forex-ponzi-owners-john-walsh-and-charles-martin-get-12-17-years-in-prison/#comments</comments>
		<pubDate>Fri, 03 Feb 2012 09:41:15 +0000</pubDate>
		<dc:creator>Michael Greenberg</dc:creator>
				<category><![CDATA[Brokers]]></category>
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		<guid isPermaLink="false">http://forexmagnates.com/?p=10331</guid>
		<description><![CDATA[This one was pretty much below the radar although One World Capital was probably the biggest US forex brokerage that turned out to be a scam. NFA&#8217;s capital requirements which gradually rose from almost nothing to $20+ million since 2008 &#8230;<br/> <a href="http://forexmagnates.com/one-world-capital-was-apparently-a-forex-ponzi-owners-john-walsh-and-charles-martin-get-12-17-years-in-prison/" class="readmore">Read more</a>]]></description>
		<wfw:commentRss>http://forexmagnates.com/one-world-capital-was-apparently-a-forex-ponzi-owners-john-walsh-and-charles-martin-get-12-17-years-in-prison/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>CFTC &#8211; MF Global&#8217;s collapse didn&#8217;t happen because of a lack of regulation, NFA ponders segregation rules</title>
		<link>http://forexmagnates.com/cftc-mf-globals-collapse-didnt-happen-because-of-a-lack-of-regulation/</link>
		<comments>http://forexmagnates.com/cftc-mf-globals-collapse-didnt-happen-because-of-a-lack-of-regulation/#comments</comments>
		<pubDate>Tue, 31 Jan 2012 21:36:57 +0000</pubDate>
		<dc:creator>Michael Greenberg</dc:creator>
				<category><![CDATA[Regulation]]></category>
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		<category><![CDATA[mf global collapse]]></category>
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		<guid isPermaLink="false">http://forexmagnates.com/?p=10297</guid>
		<description><![CDATA[In an interesting speech given by Commissioner Scott D. O’Malia at the Center on Financial Services Law, of New York Law School quite a few interesting things were said and although O&#8217;Malia didn&#8217;t think the CFTC is to blame for MF Global&#8217;s &#8230;<br/> <a href="http://forexmagnates.com/cftc-mf-globals-collapse-didnt-happen-because-of-a-lack-of-regulation/" class="readmore">Read more</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>US Treasury Department reconsiders exempting Forex from OTC Derivatives Regulations</title>
		<link>http://forexmagnates.com/us-treasury-department-reconsiders-exempting-forex-from-otc-derivatives-regulations/</link>
		<comments>http://forexmagnates.com/us-treasury-department-reconsiders-exempting-forex-from-otc-derivatives-regulations/#comments</comments>
		<pubDate>Mon, 30 Jan 2012 11:13:30 +0000</pubDate>
		<dc:creator>Michael Greenberg</dc:creator>
				<category><![CDATA[Regulation]]></category>
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		<guid isPermaLink="false">http://forexmagnates.com/?p=10261</guid>
		<description><![CDATA[En route to an official visit to Israel, Neal Wolin, the US Deputy Secretary of the Treasury Department commented that the treasury dept is currently debating whether or not to exempt FX products from new U.S. derivatives regulation that would force &#8230;<br/> <a href="http://forexmagnates.com/us-treasury-department-reconsiders-exempting-forex-from-otc-derivatives-regulations/" class="readmore">Read more</a>]]></description>
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		<slash:comments>6</slash:comments>
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		<item>
		<title>CFTC announces successful results of limited FCM reviews</title>
		<link>http://forexmagnates.com/cftc-announces-successful-results-of-limited-fcm-reviews/</link>
		<comments>http://forexmagnates.com/cftc-announces-successful-results-of-limited-fcm-reviews/#comments</comments>
		<pubDate>Thu, 26 Jan 2012 15:14:45 +0000</pubDate>
		<dc:creator>Michael Greenberg</dc:creator>
				<category><![CDATA[Regulation]]></category>
		<category><![CDATA[2011 forex industry report]]></category>
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		<category><![CDATA[funds segregation]]></category>
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		<guid isPermaLink="false">http://forexmagnates.com/?p=10224</guid>
		<description><![CDATA[CFTC just released a short statement where it taps itself on the shoulder being proud that all FCMs that were tested (14 of the largest ones) came through ok during some tests it made. This in a way reminds me &#8230;<br/> <a href="http://forexmagnates.com/cftc-announces-successful-results-of-limited-fcm-reviews/" class="readmore">Read more</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>US retail forex capital grew by $3 million in November 2011</title>
		<link>http://forexmagnates.com/retail-forex-capital-grew-3-million-november-2011/</link>
		<comments>http://forexmagnates.com/retail-forex-capital-grew-3-million-november-2011/#comments</comments>
		<pubDate>Fri, 13 Jan 2012 11:59:31 +0000</pubDate>
		<dc:creator>Michael Greenberg</dc:creator>
				<category><![CDATA[Brokers]]></category>
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		<guid isPermaLink="false">http://forexmagnates.com/?p=9997</guid>
		<description><![CDATA[US retail forex capital held by FCMs, RFEDs and FCMRFDs - per CFTC's definitions - grew by most $3 million in November. These deposits describe the amount of retail forex funds held by American brokers - this may include funds not only from American clients.<br/> <a href="http://forexmagnates.com/retail-forex-capital-grew-3-million-november-2011/" class="readmore">Read more</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<title>CFTC issues an injunction against InstaTrade Corporation and ZTRADEFX LLC</title>
		<link>http://forexmagnates.com/cftc-issues-injunction-instatrade-corporation-ztradefx-llc/</link>
		<comments>http://forexmagnates.com/cftc-issues-injunction-instatrade-corporation-ztradefx-llc/#comments</comments>
		<pubDate>Thu, 12 Jan 2012 13:59:59 +0000</pubDate>
		<dc:creator>Michael Greenberg</dc:creator>
				<category><![CDATA[Brokers]]></category>
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		<guid isPermaLink="false">http://forexmagnates.com/?p=9985</guid>
		<description><![CDATA[Instatrade Corporation, aka Insta Forex, and Ztradefx LLC were two of the 14 firms sued by the CFTC early last year. Ever since most firms didn't bother to settle with the CFTC but some did. Last week we saw that FXOpen settled the case with the CFTC paying $140,000 fine.<br/> <a href="http://forexmagnates.com/cftc-issues-injunction-instatrade-corporation-ztradefx-llc/" class="readmore">Read more</a>]]></description>
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		<title>FXCM launches Canadian offering through Friedberg Direct</title>
		<link>http://forexmagnates.com/fxcm-launches-canadian-offering-friedberg-direct/</link>
		<comments>http://forexmagnates.com/fxcm-launches-canadian-offering-friedberg-direct/#comments</comments>
		<pubDate>Wed, 11 Jan 2012 21:50:05 +0000</pubDate>
		<dc:creator>Michael Greenberg</dc:creator>
				<category><![CDATA[Brokers]]></category>
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		<guid isPermaLink="false">http://forexmagnates.com/?p=9963</guid>
		<description><![CDATA[FXCM moved fast to establish a Canadian offering to be able to attract former MF Global&#8217;s Canadian clients. FXCM which offered its Trading Station II platform through MF Global Canada now partnered with Friedberg Direct forming the FXCM Canada joint &#8230;<br/> <a href="http://forexmagnates.com/fxcm-launches-canadian-offering-friedberg-direct/" class="readmore">Read more</a>]]></description>
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		<title>FXOpen settles with the CFTC for accepting US clients</title>
		<link>http://forexmagnates.com/fxopen-settles-cftc-accepting-clients/</link>
		<comments>http://forexmagnates.com/fxopen-settles-cftc-accepting-clients/#comments</comments>
		<pubDate>Thu, 05 Jan 2012 19:25:36 +0000</pubDate>
		<dc:creator>Michael Greenberg</dc:creator>
				<category><![CDATA[Brokers]]></category>
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		<category><![CDATA[accepting us clients]]></category>
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		<category><![CDATA[RFED]]></category>
		<category><![CDATA[trading]]></category>
		<category><![CDATA[US forex clients]]></category>

		<guid isPermaLink="false">http://forexmagnates.com/?p=9869</guid>
		<description><![CDATA[This was one of the biggest news last year - CFTC sued 14 forex firms (and then 11 more) for various infringements of its laws including accepting US clients. Some firms (offshore ones) decided to ignore this all together and keep accepting American clients, some stopped accepting them but didn't settle and some managed to settle the case.<br/> <a href="http://forexmagnates.com/fxopen-settles-cftc-accepting-clients/" class="readmore">Read more</a>]]></description>
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		<title>CFTC orders Gain Capital to pay a client $10,000 for lost profits</title>
		<link>http://forexmagnates.com/cftc-orders-gain-capital-pay-client-10000-lost-profits/</link>
		<comments>http://forexmagnates.com/cftc-orders-gain-capital-pay-client-10000-lost-profits/#comments</comments>
		<pubDate>Mon, 19 Dec 2011 08:51:03 +0000</pubDate>
		<dc:creator>Michael Greenberg</dc:creator>
				<category><![CDATA[Brokers]]></category>
		<category><![CDATA[Regulation]]></category>
		<category><![CDATA[CFTC]]></category>
		<category><![CDATA[foreign exchange]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[forex brokers]]></category>
		<category><![CDATA[forex market]]></category>
		<category><![CDATA[forex trading]]></category>
		<category><![CDATA[FX]]></category>
		<category><![CDATA[Gain]]></category>
		<category><![CDATA[gain capital]]></category>
		<category><![CDATA[leverage]]></category>
		<category><![CDATA[margin]]></category>
		<category><![CDATA[robert west]]></category>
		<category><![CDATA[trading]]></category>

		<guid isPermaLink="false">http://forexmagnates.com/?p=9656</guid>
		<description><![CDATA[CFTC just published its decision in a case of Robert West vs. Gain Capital and Glenn Stevens ordering Gain to pay West $10,000 for lost profits. The whole case is a fascinating read of how a regulated forex broker handles a complete novice in the forex market and how this can sometime backfire<br/> <a href="http://forexmagnates.com/cftc-orders-gain-capital-pay-client-10000-lost-profits/" class="readmore">Read more</a>]]></description>
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