CFTC's new rules for forex

摘要

The Commodity Futures Trading Commission (CFTC) issued new rules regarding the forex markets on Aug. 30 - limiting available leverage to 50-1 - the first new rules to come out of the Dodd-Frank Wall Street Reform and Consumer Protection Act that was passed early this year.rnThe CFTC Reauthorization Act of 2008 cleared up questions about the CFTC's jurisdiction over forex. Dodd-Frank requires all entities offering retail forex to be regulated and for each regulator to establish rules. The CFTC, because they had already proposed rules, were required to finalize rules 90 days after the passage of Dodd-Frank.