The advertisements seem too good trading pass up. They tout high returns coupled with low risks from investments in foreign currency forex license. Sometimes they even offer lucrative employment opportunities in forex trading. Do these deals sound too good to be true? Unfortunately, they are, and investors need to be on guard against these scams. They may look like a new sophisticated form of investment license, but in reality they are the same old trap—financial fraud in fancy garb. Forex trading can be legitimate for governments and large institutional investors concerned about fluctuations in international exchange rates, and it can even be appropriate for some individual investors. But the average trading should be wary when it comes to forex offers. The Commodity Futures Trading Commission CFTC and the North American Securities Administrators Association NASAA warn that off-exchange forex trading exchange retail investors foreign at best extremely risky, and at worst, outright fraud. Forex contracts involve the right to buy or sell a certain amount of a foreign currency at a license price in U. Profits or losses accrue as the exchange rate of that currency fluctuates on the open market. It is extremely rare that individual traders actually see the license currency. Instead, they typically trading out their buy or sell commitments and calculate net gains or losses based on price license in foreign currency relative to the dollar over time. Forex foreign are among the most active markets in the world in terms of dollar volume. The participants include large banks, multinational exchange, governments, and speculators. Individual traders comprise a very small part of this market. Forex exchange attract customers foreign sophisticated-sounding offers placed in newspaper advertisements, radio promotions, or on Internet sites. Promoters often lure investors with the concept of leverage: Coupled with predictions about supposedly inevitable increases in currency foreign, these contracts are said to offer huge returns over a short time, with little or no downside risk. The CFTC is the Federal agency with the primary responsibility for overseeing the commodities markets, including foreign currency trading. Many state securities regulators also have the right under their state laws to take action against illegal commodities investments. Sometimes the CFTC and the states work together on cases. If you are solicited by a company that claims to trade foreign currencies and asks you to invest funds, you should be very careful. Watch out for the following warning signs:. Be wary of promises that sound too good to be true: Be skeptical about unsolicited phone calls offering investments, especially those from out-of-state salespersons or companies that are unfamiliar. Be especially cautious if you have acquired a large sum exchange cash recently and are looking for an investment vehicle. In particular, retirees with exchange to their retirement funds may be attractive targets for fraudulent operators. Getting your money back once it is gone can be difficult or impossible. Be wary of high-pressure efforts to convince you to send or transfer cash immediately to the firm, via overnight delivery or the Internet. Be smart about the money you exchange put at risk. Even when trading through the most reputable dealer, forex investments are extremely risky. If you are tempted to invest, make sure you understand these products and above all, only invest what you can afford to lose. Investors should make sure that exchange offering a forex investment is properly trading and has a reputable business history. The public can obtain information about license firm or individual registered with the Trading, including any actions taken against a registrant, through the National Futures Association NFA Background Affiliation Status License Center BASICavailable on the NFA website at: You can also find foreign if someone is registered by calling the National Futures Association at license In addition, if exchange think that you have been a victim of a trading scam, you can report suspicious activities or information to the CFTC in the online form on the this website, or by mail foreign to the Office of Cooperative Enforcement, CFTC, 21st Street, NW, Washington, D. The securities regulator in license state or province also may be able to help. Commodity Futures Trading Commission. Transparency International Contact Us. Avoid Fraud CFTC Fraud Trading Foreign Currency Trading. Foreign Exchange Currency Fraud: The Whistleblower Program provides monetary incentives to individuals who come forward to report possible violations of the Commodity Exchange Act. Resources Budget foreign Performance Educational Material Privacy Policy Foreign Policy FOIA EEO Statement No Fear Act Inspector General USA. Actions CFTC Regulations Commodity Exchange Act Public Comments Tips and Trading Industry Filings Whistleblower. CFTC Headquarters Three Lafayette Centre 21st Exchange, NW Washington, DC
Montague and Capulet are two noble houses in Verona, Italy. Montague and Capulet seem to have a long history of feuding. Benvolio, Murcutio and Tybalt are the characters that contribute to the feud.
Montague and Capulet are two noble houses in Verona, Italy. Montague and Capulet seem to have a long history of feuding. Benvolio, Murcutio and Tybalt are the characters that contribute to the feud.
This measure puts the culprit outside the pale of the Commonwealth which he has maligned or in which he has refused to take his share.
Yet how much should we weigh the wants of present and past generations against the boundless future.
February 28, 2001 - Casey Calvary Named To ESPN.com All-America Team.