# Retail Foreign Exchange Transactions
> **US Securities and Exchange Commission** · Expiration of regulation. · Published 2016-05-26 · 81 FR 33374
## Document
- **Document number:** 2016-12390
- **Category:** other
- **Agency:** US Securities and Exchange Commission
- **Federal Register citation:** 81 FR 33374
- **CFR reference:** 17 CFR 240
- **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
- [Federal Register document](https://www.federalregister.gov/documents/2016/05/26/2016-12390/retail-foreign-exchange-transactions)
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