Clarification: Midlandeuro And NFA Regulation
NEWS
FX trading service Midlandeuro is not seeking to register with the Commodity Futures Trading Commission, as implied in an FX Week article of March 12, US online FX trading services hit by new CFTC regulations.
Midlandeuro, which is based in Los Angeles, now trades under the name of Delong Friedman & Sukenik, which is a futures commission merchant (FCM) regulated by the National Futures Association. Midlandeuro became regulated when it acquired Delong Friedman & Sukenik one year ago.
FCMs are
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe
You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@fx-markets.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@fx-markets.com
More on Retail
IG research explores correlation between politics and FX data levels
New timeline of global historic politics impacting forex offered online
Esma warns retail brokers over ‘pro’ push
Regulator warns brokers not to promote professional status to unqualified investors
Austria imposes permanent restrictions on CFDs, bans binary options
In making Esma’s curbs on CFDs lasting, the regulation follows action by the Netherlands and others
CMC posts profit warning; Foley resigns
New Esma margin rules have “resulted in retail clients trading less”, online trading firm says
IG opens for online FX trading in US
Retail FX broker launches new subsidiary after navigating regulatory hurdles
Saxo Capital Markets: Esma leverage limits on CFDs good for industry
The policy will reward well-behaved retail FX brokers
FCA mulls restrictions on CFDs
The restrictions are fundamentally similar to those imposed by Esma earlier this year, but would have permanent effect
Asia: the new frontier for global payments
With regulatory barriers lowered, the region is ripe for new entrants
