NFA cracks down on AMI

- By FX Markets Staff
- @FXMarkets_
- 04 Feb 2008

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Charlotte-based futures brokerage Advanced Markets (AMI) also received a $150,000 fine from the US industry regulator for violations relating to its account-keeping and promotional material.

The crackdown on AMI comes as the US Congress reviews the regulation of the retail foreign exchange market - estimated to be worth $50 billion a day - in the Commodity Exchange Act. The Act provides federal regulation of all commodities and futures trading activity in the US. The NFA is lobbying to ensure all

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