The Commodity Futures Trading Commission has filed complaints against 14 firms for allegedly breaking new foreign-exchange regulations it adopted in October, The Wall Street Journal reports. The regulator filed civil complaints filed in federal courts claiming 14 entities illegally solicited people to engage in foreign exchange trading. The CFTC charges that the firms, in all but two of the cases, were operating like a foreign exchange dealer without registering with the regulator. It has asked the court to seize the firms operations until they are in compliance with the law.
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