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May 19, 2014

Posted  May 19, 2014

The CFTC issued an Order filing and simultaneously settling charges that Global Futures & Forex, Ltd., a CFTC-registered Futures Commission Merchant (FCM) and former Retail Foreign Exchange Dealer (RFED) headquartered in Grand Rapids, Michigan, failed to comply with minimum financial requirements for FCMs and RFEDs. The CFTC Order imposes a $200,000 civil penalty and a cease and desist order against GFF for its violations.  CFTC

Tagged in: Foreign Exchange,