The Dodd-Frank Wall Street Reform Act continues to include regulatory direction relating to defining the framework around which swaps should be overseen, and to provide clarity as to what constitutes a swap.
This has now been extended to rolling spot transactions, which according to the Commodity Futures Trading Commission (CFTC) are to be deemed swaps in the retail market due to the speculative nature of such products. Such a move could create a significant change in FX trading environments, … [visit site to read more]
Read More... [Source: Forex Magnates - Posted by FreeAutoBlogger]
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