IamFX would like to inform you about the recent announcement of the Dodd-Frank Wall Street Reform Act and the Commodity Futures Trading Commission's (CFTC) final ruling regarding retail Forex Trading for U.S. residents.
The Dodd-Frank Wall Street Reform and Consumer Protection Act is a federal statute that states that effective October 18, 2010, any entity offering retail Forex and acting as the counterparty to U.S. residents must be registered with the CFTC and a member of the National Futures Association (NFA).
As a result of these Forex regulations being implemented by the Commodity Futures Trading Commission, IamFX Inc. (IamFX) is no longer offering Forex trading accounts to United States domiciled clients.
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