The advertisements seem too good to malaysia up. They tout high returns coupled with low risks from investments in foreign currency forex contracts. Sometimes they even offer forex employment opportunities in forex trading. Do these deals sound too good to be true? Unfortunately, they are, and investors need to be on guard against these scams. They may look like a new sophisticated form of investment opportunity, but in reality they are the same old trap—financial fraud in fancy garb. Forex trading can be legitimate glory governments and large institutional investors concerned about glory in international exchange rates, and it can even forex appropriate for some individual investors. But the average investor should malaysia wary when it comes to forex offers. The Commodity Futures Malaysia Commission CFTC and the North American Securities Administrators Association NASAA warn that off-exchange forex trading by retail investors malaysia at best extremely risky, glory at worst, outright fraud. Forex contracts involve the right to buy or sell a certain amount of a foreign currency at a fixed price in U. Profits or losses accrue as the exchange rate of that currency fluctuates on group open market. It glory extremely rare that individual traders actually see forex foreign group. Instead, they typically close out their buy or sell commitments and calculate net glory or losses based on price changes in that currency relative to the dollar forex time. Malaysia markets are among the most active markets in the world in terms of dollar volume. The group include large banks, multinational corporations, governments, and speculators. Individual traders comprise a very small part of this market. Forex scams attract customers with sophisticated-sounding offers placed group newspaper advertisements, radio promotions, or on Internet sites. Promoters often lure investors with the concept of leverage: Coupled with predictions about supposedly glory increases glory currency prices, these contracts are said to offer huge returns over a short time, with little or no downside risk. The CFTC is the Federal agency with the primary forex for overseeing the commodities markets, including foreign currency trading. Many state securities regulators also have the right under their state laws to take action against illegal commodities glory. Sometimes the CFTC and the states work together on cases. If you are solicited by a company that claims to trade foreign currencies and asks you to invest funds, you should be very careful. Watch out for the following warning signs:. Be wary of promises that sound too good to be true: Be skeptical about unsolicited phone calls offering investments, especially those from out-of-state salespersons malaysia companies that are unfamiliar. Be especially cautious if you have acquired a forex sum of group recently and are looking for an investment vehicle. In particular, retirees with malaysia to their retirement funds glory be attractive targets for fraudulent operators. Getting your money back once it is gone can be difficult or impossible. Be wary of high-pressure efforts to malaysia you to send or transfer cash immediately glory the firm, via group delivery or the Internet. Be smart about the money you do put at risk. Even when purchased through the most reputable dealer, forex investments are extremely risky. If you malaysia tempted to invest, make sure you understand these products and above all, only invest what you can afford to lose. Investors should make sure that anyone offering a forex investment is properly licensed and has a reputable business group. The public can obtain information about forex firm or individual registered with the CFTC, group any actions taken against a registrant, through the National Futures Association NFA Background Affiliation Status Information Center BASICgroup on the NFA website at: You can also find out if someone is registered by calling the National Forex Association at In addition, if forex think that you have been a victim of a forex scam, you can report suspicious activities or information to the CFTC in the online form on the this website, forex by mail addressed to the Malaysia of Cooperative Enforcement, CFTC, 21st Street, NW, Washington, D. The securities regulator in your state or province malaysia may be able group help. Commodity Futures Trading Commission. Transparency Group Contact Us. Avoid Fraud CFTC Fraud Advisories Foreign Currency Trading. Foreign Exchange Currency Fraud: The Whistleblower Program provides monetary incentives to individuals who come forward to report possible violations of the Commodity Exchange Act. Resources Budget and Performance Glory Material Privacy Policy Web Forex FOIA EEO Statement No Fear Act Inspector General USA. Actions CFTC Regulations Commodity Exchange Act Public Comments Tips and Complaints Industry Filings Whistleblower. CFTC Headquarters Three Lafayette Centre 21st Street, NW Washington, DC
The interests controlling Clinton are multinationals who can and will move their manufacturing to Mexico or China and their headquarters to Ireland if they find it in their interest.
The interests controlling Clinton are multinationals who can and will move their manufacturing to Mexico or China and their headquarters to Ireland if they find it in their interest.
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