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  1. NFA's Board Approves Prohibition of Credit Cards to Fund Retail Forex Accounts

    by , 06-28-2014 at 12:01 PM
    Quote Originally Posted by matfx View Post
    NFAs Board Approves Prohibition Credit Cards Fund : businesswire.com

    CHICAGO--(BUSINESS WIRE)--National Futures Association (NFA) announced that its Board approved a ban on the use of credit cards to fund retail forex and futures accounts. This prohibition is subject to approval by the Commodity Futures Trading Commission. Although NFA's proposed rule prohibits the use of credit cards to fund both futures and retail forex accounts, NFA determined through its study that futures commission
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  2. Modi's To-Do List: Priorities For A New India

    by , 05-28-2014 at 02:47 AM
    Tonight, Narendra Modi will be sworn in as India’s new Prime Minister. And there is no shortage of advice on what he should do once he takes power.

    Today, India’s daily newspapers and the world’s financial press have been publishing articles telling the new man in charge just what he needs to do to help India reach its potential, and there are some common themes. As context, it’s worth noting what the stock market tells us about expectations: Mumbai’s benchmark Sensex index rose 15% ...
  3. India gold culture defies curbs as steep tax tries to rein in demand

    by , 05-12-2014 at 11:59 AM
    MUMBAI, India (AP) - India's steep new tax on gold imports doesn't deter Mousumi Rao as she holds up a glittering $5,000 filigree necklace that could adorn her daughter on her wedding day.


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