RegAlert2018-10-19
Added · Updated
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.
SEC published 2 documents in the last 30 days — get each new one by email the day it lands.
The attention of the Securities and Exchange Commission (SEC) has been drawn to the increased advertisements in electronic and other media soliciting investors to engage in leveraged online retail forex trading. The public is hereby advised that online retail forex trading is currently unregulated and consequently may be subject to abuse. Until a framework for regulation of online retail forex trading is developed by the SEC, any person participating or engaged in such investment activity does so at his or her own risk. SIGNED MANAGEMENT
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Similar documents from other regulators
SECRetail Foreign Exchange TransactionsUS Federal · 2013-07-16
CMAGuidance to all Dealing and Non-Dealing Online Foreign Exchange BrokersKenya · 2023-09-21
CFTCCFTC Staff Letter 01-89: Jurisdiction and Registration Requirements for Internet Foreign Currency Trading AdviceUS Federal · 2001-09-28
Source: Securities and Exchange Commission Nigeria — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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