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Latest News

AFX Markets Customers Have Until June To File Money Claims

March 24th, 2020|

The Joint Special Administrators (JSAs) of AFX Markets Ltd published some new information regarding the settlement of claims with clients of the now-defunct broker. The administrators have established that “in order to expedite the return of client money, to set [...]

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Commission News

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Regulatory Actions

UK Financial Ombudsman Raises Complaints Award Limits

March 26th, 2020|

The UK Financial Ombudsman Service (FOS), tasked with providing dispute resolutions between financial and insurance firms and their customers in the UK, has announced an increase in the number of funds that can be awarded in cases where the Ombudsman [...]

FCA Issues Warnings Against More Firms and Clones

March 25th, 2020|

The Financial Conduct Authority (FCA) of the United Kingdom issued new warnings against unauthorized firms soliciting business in the country, as well as clones of legitimate firms that are possibly conducting scams. The UK regulatory authority issued warnings against the [...]

NFA Increases Margin Requirements for Several FX Pairs in the US

March 23rd, 2020|

The United States National Futures Association (NFA) has changed the minimum margin requirements for several currency pairs in an announcement last Friday. The new margin requirements took effect last night at 5 pm Central Time during the market open. The [...]

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