Investors Nationwide Should Beware of the Perils of Forex Trading
Last year, the Securities and Exchange Commission (SEC) approved a temporary rule allowing the sale of retail Forex contracts to unsophisticated investors until it reaches a decision on whether it will issue more extensive rules. The SEC could impose new rules to protect investors, allow brokers to continue transacting as they are, or prohibit retailers from trading. In the interim, the SEC’s Office of Investor Education and Advocacy issued an alert to all retail investors warning them of the risks associated with trading off-exchange foreign currency contracts.
Continue Reading