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"Disappointed CFTC to pursue violation claim vs the company The CFTC yesterday announced that they were charging FXCM with undercapitalization and guaranteeing loss protection and failing to timely report its undercapitalization stemming from the SNB de-pegging back in January 15, 2016. By Greg Michalowski", news.forexlive.com
"THE BUSINESS TIMES Banking & Finance - [WASHINGTON] US foreign exchange broker FXCM was illegally undercapitalised last year when it was hit by the Swiss franc revaluation and had to be rescued, US regulators charged on Thursday.. Read more at The Business Times.", www.businesstimes.com.sg
"The U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the Southern District of New York against Forex Capital Markets, LLC (FXCM), charging FXCM with undercapitalization, failure to timely report its undercapitalization violation, and guaranteeing against customer losses. FXCM, with headquarters in New York, New York, is registered with the CFTC as a Retail Foreign Exchange Dealer (RFED).", www.mondovisione.com
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