There aren't many forex lawyers, since forex trading is a niche market. Finding a knowledgeable attorney can be difficult. It's always important to have an initial phone or in-person conversation to ensure that there is a good fit.
Those individuals and firms who trade forex, serve as intermediaries or counterparties to forex transactions, or work as associated persons will soon be required to register with the Commodity Trading Futures Commission (CFTC) through the National Futures Association (NFA) once the new CFTC Proposed Rules are finalized. Registration will help the NFA and CFTC to have better oversight of the forex industry and more control over potential fraud in the industry. There are different fees associated with registration, which can be discussed with you lawyer.
The Australian dollar hit yet another record against the US currency today as the report about the employment in Australia was better than anticipated.
A forex lawyer specializes in helping forex individuals and firms with forex registration and compliance matters. There are important documents that a forex attorney can really help with.
forex Commodity Futures Trading Commission (CFTC) - US Government Independent Offices - American Lawyer Directory.
Commodity Futures Trading Commission (CFTC) - US Government Independent Offices - American Lawyer Directory.
The forex registration requirement in the Farm Bill requires the Commodities Futures Trading Commission (CFTC) to promulgate rules that implement the framework for forex registration. As of early January 2009 the CFTC had not yet promulgated draft versions of the rule. It is expected that the CFTC will release the draft versions of the rules sometime during the first quarter of 2009. After the rules have been proposed, there will be a comment period before they would be finalized.
Commodity Futures Trading Commission (CFTC) - US Government Independent Offices - American Lawyer Directory.
The forex registration proceedures are likely to be the same as those currently in place for regular commodity pool operators and commodity trading advisors.
The forex registration requirement in the Farm Bill requires the Commodities Futures Trading Commission (CFTC) to promulgate rules that implement the framework for forex registration. As of early January 2009 the CFTC had not yet promulgated draft versions of the rule. It is expected that the CFTC will release the draft versions of the rules sometime during the first quarter of 2009. After the rules have been proposed, there will be a comment period before they would be finalized.
The forex registration requirement in the Farm Bill requires the Commodities Futures Trading Commission (CFTC) to promulgate rules that implement the framework for forex registration. As of early January 2009 the CFTC had not yet promulgated draft versions of the rule. It is expected that the CFTC will release the draft versions of the rules sometime during the first quarter of 2009. After the rules have been proposed, there will be a comment period before they would be finalized.
The forex registration proceedures are likely to be the same as those currently in place for regular commodity pool operators and commodity trading advisors.