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Russian Forex Market Regulation News
Gold Towards 2 Weeks Low

Russian Forex Market Regulation

Russian businesses providing Forex market services may in the future be regulated by Russian law according to Finance Ministry representative Andrei Lozovoy. This change is currently planned for implementation by the end of 2012 and stock market law is to be amended to facilitate the planned regulation.

Forex services (forex brokers and the like in Russia) are at present unregulated with many Russian companies utilising off-shore set-ups.  Any new laws may look at regulating companies and associated employees. Many activities are typically looked at by regulators and the media/financial promotion areas of Russian businesses could be under focus if plans go ahead.  This would potentially bring Russia closer in-line with other countries including the UK (FSA) and USA (CFTC). 

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Source: Forex Trading Blog

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I don't think so

2007-10-30 20:52:41 by NDXtrader

Buffet is an excellent investor and from what I've heard makes about 30% a year. Some traders make well over 100% per year. I know that FXCM, a forex broaker runs a trading contest every month and last month's winner made over 500% in one month.

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cross currencies that are traded in the fx market
cross currencies that are traded in the fx market

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