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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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