2/6/ · Washington D.C., June 2, —. The Securities and Exchange Commission today charged a New York City-based trader with defrauding investors out of millions of dollars by 12/7/ · Washington D.C., July 12, —. The Securities and Exchange Commission today announced an emergency asset freeze against an unregistered money manager and his SEC stands for the Security and Exchange Commission, a US government oversight agency that regulates markets and protect investors. Trading. Active Trader. Institutional. Support. Home. 1/7/ · Foreign Currency Exchange (Forex) Trading for Individual Investors (PDF) Individual investors who are considering participating in the foreign currency exchange (or “forex”) 1/10/ · Forex - Foreign Currency Transactions. Individual investors who are considering participating in the foreign currency exchange (or “forex”) market need to understand fully ... read more
Company Filings. Search SEC. Securities and Exchange Commission. Press Release. SEC: Forex Trader Misrepresented Track Record and Hid Massive Losses FOR IMMEDIATE RELEASE Washington D.
The SEC alleges that Haena Park touted her supposedly profitable futures and foreign currency forex trading strategy when soliciting friends, family, former Harvard classmates, and individuals with connections to them.
She proceeded to pool investor funds and incur heavy trading losses month after month in the futures and forex markets, yet repeatedly told investors that their investments were profitable and sent them monthly account statements showing fictitious profits. At times, Park used new investor funds to make Ponzi-like payments to earlier investors. Company Filings. The Securities and Exchange Commission today announced an emergency asset freeze against an unregistered money manager and his companies in Plano, Texas, who are charged with defrauding investors in a foreign currency exchange trading scheme.
The forex market is a large and generally liquid financial market in which the risk of loss for individual investors can be substantial.
The SEC has previously warned individual investors about the risks involved with forex trading. The SEC alleges that Kevin G. He advertised his purported "year Wall Street career.
White also lied about his education. The Commodity Futures Trading Commission CFTC today announced parallel charges against White and his companies. According to the SEC's complaint that was unsealed late yesterday in U.
District Court of the Eastern District of Texas, White raised investor money through two entities that he owns and controls: KGW Capital Management and Revelation Forex Fund. KGW Capital purports to be "one of the world's leading private investment firms. The SEC alleges that White and his companies used websites, press releases, and presentations to prospective investors to solicit funds. The SEC alleges that these claims were false.
While White and KGW Capital tout a track record for the fund that began in January , Revelation Forex did not actually receive investor funds or begin forex trading until September The SEC's complaint names both of these companies as relief defendants for the purpose of seeking disgorgement of investor funds in their possession. The court has granted the SEC's request for an asset freeze and temporary restraining order against White, KGW Capital, Revelation Forex, and RFF GP LLC, which is the general partner of Revelation Forex.
Company Filings. Search SEC. Securities and Exchange Commission. Press Release. SEC: Forex Trader Misrepresented Track Record and Hid Massive Losses FOR IMMEDIATE RELEASE Washington D. The SEC alleges that Haena Park touted her supposedly profitable futures and foreign currency forex trading strategy when soliciting friends, family, former Harvard classmates, and individuals with connections to them.
She proceeded to pool investor funds and incur heavy trading losses month after month in the futures and forex markets, yet repeatedly told investors that their investments were profitable and sent them monthly account statements showing fictitious profits. At times, Park used new investor funds to make Ponzi-like payments to earlier investors. In a parallel action, the U. The SEC is seeking a permanent injunction as well as the return of alleged ill-gotten gains plus interest and penalties.
The litigation will be led by Jack Kaufman. The case is being supervised by Sanjay Wadhwa. The SEC appreciates the assistance of the U. Department of Homeland Security, and the U. Commodity Futures Trading Commission. Related Materials SEC complaint.
24/1/ · Washington D.C., Jan. 24, —. The Securities and Exchange Commission today announced that Morgan Stanley Smith Barney and Citigroup Global 1/7/ · Foreign Currency Exchange (Forex) Trading for Individual Investors (PDF) Individual investors who are considering participating in the foreign currency exchange (or “forex”) 12/7/ · Washington D.C., July 12, —. The Securities and Exchange Commission today announced an emergency asset freeze against an unregistered money manager and his 2/6/ · Washington D.C., June 2, —. The Securities and Exchange Commission today charged a New York City-based trader with defrauding investors out of millions of dollars by SEC stands for the Security and Exchange Commission, a US government oversight agency that regulates markets and protect investors. Trading. Active Trader. Institutional. Support. Home. 1/10/ · Forex - Foreign Currency Transactions. Individual investors who are considering participating in the foreign currency exchange (or “forex”) market need to understand fully ... read more
Transaction Costs May Not Be Clear. The cookies is used to store the user consent for the cookies in the category "Necessary". October 12 Min Read. Press Release. The risk of loss for individual investors who trade forex contracts can be substantial. By using leverage to trade forex, you risk losing all of your initial capital and may lose even more money than the amount of your initial capital.
SEC regulation really helps to filter out any untrustworthy brokers from the system and ensure maximum protection for you as a forex and stock trader. Off-exchange forex trading poses additional risks, including:, sec forex trading. This cookie is set by GDPR Cookie Consent plugin. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, sec forex trading other third-party features. October 12 Min Read.