SEC Adopts Final Rule for Retail Foreign Exchange Transactions (Fed. Reg. Version)

The SEC has published in the Federal Register a final rule permitting a registered broker-dealer to engage in retail forex business. The SEC is adopting Rule 15b12-1 "Municipal Securities" under the Exchange Act permitting a registered broker-dealer to engage in retail forex transactions.Click here to view our original story on registered broker-dealers engaging in forex business (with Zwirb Comment).

See: 78 FR 42439.