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Latest News
Brokers Continue to Post Elevated Trading Volumes and Revenue Projections
As the COVID-19 pandemic continues to spread across the globe and financial markets continue to experience significant price movements, Forex and CFD brokers continue to report growth in trading volumes and, in most cases, improved revenue projects. Asia-based broker GMO [...]
Scammers Increasingly Using Fake Vanuatu Licenses
The Vanuatu Financial Services Commission (VFSC) has published a notice regarding some unauthorized companies that have been using fake license certificates in their operations and may be “illegally carrying out” financial services. Such instances are common today, as regulators have [...]
Best Execution Reporting in the UK Can Be Deferred Until June
The UK Financial Conduct Authority (FCA) has indicated that it will not penalize or otherwise sanction investment managers, brokers and other financial firms who are required to adhere to “best execution” practices for failing to file their reporting on time [...]
Commission News
Financial Commission Publishes Practical Guide for Managing Trading Risks
March 24th, 2020, The Financial Commission today announces the publication of a new educational guide to help traders manage risk in the current unsettling and volatile times of the Covid-19 pandemic. Considering the unpredictable and large changes in prices for [...]
Financial Commission Continues to Provide Effective Dispute Resolutions Amid Market Turmoil and Covid-19
March 19th, 2020, The Financial Commission today announces an update on its business operations during the ongoing Covid-19 pandemic and turmoil affecting the global financial markets. The organization continues to operate normally and process an increased amount of complaints and [...]
Financial Commission Participated in the 2020 New York Traders Expo
March 11th, 2020, The Financial Commission today announces their successful participation at the New York Traders Expo hosted by Moneyshow, which took place at the New York Marriott at the Brooklyn Bridge, on March 7-9th, 2020 and featured seminars, panel [...]
Regulatory Actions
UK Financial Ombudsman Raises Complaints Award Limits
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
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
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 [...]