In a typically laconic statement CFTC has announced that it established that Forex.com violated Section 4b(a) ofthe Commodity Exchange Act, and that this violation caused $22,231 in damages. 1 Accordingly, Gain Capital Group LLC, d/b/a Forex.com is ordered to pay to David Ni $22,23 i, plus post-judgment interest on that amount at 0.52% compounded annually from the date of this order to the date of payment, plus $50 for the cost of the filing fee.
Why is this important and what is Section 4b(a) you ask? According to the Security Exchange Act (here it’s called 6b not 4b) it’s:
Michael
Forex Magnates - Home of the Forex Elite
Why is this important and what is Section 4b(a) you ask? According to the Security Exchange Act (here it’s called 6b not 4b) it’s:
Michael
Forex Magnates - Home of the Forex Elite