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Retail Foreign Exchange Transactions

SEC · other · Published 2016-05-26 · 81 FR 33374

Document

Document number
2016-12390
Federal Register citation
81 FR 33374
CFR reference
17 CFR 240
Type
Rule
Action
Expiration of regulation.
Category
other
Agency
US Securities and Exchange Commission
Publication date
2016-05-26
Docket
Release No. 34-77874

Abstract

Rule 15b12-1, by its terms, will expire and no longer be effective on July 31, 2016. Interested persons should be aware that as of that date, any broker or dealer, including a broker or dealer that is also dually registered as a futures commission merchant ("BD/ FCM"), shall be prohibited under the Commodity Exchange Act ("CEA") from offering or entering into a transaction described in the CEA with a person who is not an eligible contract participant ("retail forex transaction").

Source

Authoritative
Federal Register document
Machine
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