2018-10-19

Online Retail Foreign Exchange (Forex) Trading

The Securities and Exchange Commission (SEC) issued this public notice to clarify that online retail forex trading remains unregulated and subject to potential abuse. Participants must engage in this leveraged investment activity at their own risk until the regulator establishes a formal oversight framework. The advisory explicitly warns investors that current market practices lack regulatory safeguards.

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Nigeria

Securities and Exchange Commission Nigeria

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