U.S. FX Committee's Annual Report Outlines Across-the-Board Progress

REGULATIONS

The U.S. Foreign Exchange Committee has completed a number of key projects in each of the major areas of FX trading, according to its recently-released 1994 annual report. Looking ahead, the Committee, which advises the Federal Reserve on FX market-related issues, is working on a customer suitability project, to be released later this year.

The FX Committee has four subcommittees: trading practices, risk management, market structure and membership. During the year, the trading practices

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