ensure more rights to the consumer, and prevent any instances firms taking undue advantage of unsuspecting customers. Belgium: The Financial Services and Markets Authority (fsma). NFA revised the Security Deposits section of the regulatory guide to add references to recent notices to members regarding minimum security deposits requirements.
Canada: British Columbia Securities Commission (bcsc canadian Investor Protection Fund (cipf financial Transactions and Reports Analysis Center of Canada (fintrac). Being a non-profit agency, NFA is maintained using membership fees and other dues. Forex Brokers by regulation authority, was the information useful? All other off-exchange futures and options transactions. Under the Act, only certain regulated entities may be counterparties to these off-exchange trades with retail customers. Details of regulation are usually printed at the bottom of a brokers website, the about us page, or in their FAQ page. Below is the list of Forex regulatory supervisory bodies for each country: Anguilla: Anguilla Financial Services Commission, antigua: Eastern Caribbean Securities Regulatory Commission (ecsrc) m, australia: Australian Securities and Investment Commission (asic). ( full story story Stats, posted: Mar 28, 2012 6:15pm, category: Forex Industry News.
Steps Taken By NFA For Protection of Consumer Rights. Always verify the authenticity of the brokers NFA regulation claims before depositing funds in their account.
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