The Commodity Futures Trading Commission (CFTC) has formed a special
task force charged with investigating and litigating fraud in the Forex market.
The creation of the task force comes in the wake of Congress’ passage in June 2008 of “The Food,
Conservation, and Energy Act of 2008” that clarified and strengthened
the CFTC’s jurisdiction over the Forex market. The task force will focus on
fraud in the retail forex market and will work cooperatively with other
federal and state regulatory and criminal authorities. Read full release...