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Retail brokers win US leverage battle

The US Commodity Futures Trading Commission (CFTC) buckled to pressure from retail traders by abandoning a proposal to reduce leverage to 10:1 from 100:1, in new rules published last night (August 30).

Regulation | 31 Aug 2010

Gain responds to NFA complaint

BEDMINSTER, NJ - Glenn Stevens, chief executive at New York-based Gain Capital, sent a letter to partners in response to extensive complaints filed against him and the company by US industry regulator the National Futures Association (NFA)....

Retail | 12 Jul 2010

Retail brokers build up product range amid regulatory change

SYDNEY & TOKYO - Retail trading companies are diversifying the range of products tradable via contracts-for-difference (CFDs) as regulators continue to crack down on retail forex margin trading globally.

Retail | 12 Jul 2010
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