InterbankFX and FXCM face fines

The industry regulator said New York-based FXCM and its salespeople used deficient promotional material. The NFA also claimed FXCM failed to mark certain customer accounts as high risk, based on the financial action task force list of non-co-operative countries and territories. The broker also failed to supervise, it was claimed.

Similarly, Salt Lake City-based InterbankFX was fined for using misleading promotional material and failing to supervise the contents and use of material to ensure it