Regulator forces COESfx to close to new clients
NEWS
The National Futures Association took emergency action against Spot FX Clearing Corporation, which handles clearing of COESfx's trading platform, because it "failed to meet the minimum financial requirements in accordance with NFA compliance rules".
Larry Dykeman, director of communications and education at the regulator said that the company had failed to provide all the documentation that it had requested. He added that the nature of the ownership structure of many retail forex companies made
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