CFTC continues FX fraud clamp-down
NEWS
WASHINGTON, DC -- The Commodity Futures Trading Commission (CFTC) last week charged three foreign exchange trading firms, which operated jointly under the banner of the Offshore Common Enterprise companies.
It announced actions against Offshore Financial Consultants, which has firms in Florida and Georgia, Louisiana-based Global Financial Consultants and Georgia-based International Currency Merchants. All have been charged with fraudulently and illegally offering FX option contracts to retail
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