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Farm Bill Stands to Overhaul Retail Forex Industry

Posted on May 16, 2008

The Farm Bill was finally passed by the US Senate Thursday and it stands to overhaul the entire FX industry. As far as I understand, in the past, the National FuturesAssociation governed the Retail Forex industry, but now under the FarmBill, that jurisdiction moves to the CFTC (Commodity Futures TradingCommission) which regulates the commodities and futures markets in theUS. ...

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commodities , commodity , forex , futures , markets