IamOptions would like to inform you about the recent announcement of the Dodd-Frank Wall Street Reform Act and the Commodity Futures Trading Commission's (CFTC) final ruling regarding retail Forex Trading for U.S. residents.
The recently enacted Dodd-Frank Wall Street Reform and Consumer Protection Act is a federal statute that states that effective October 18, 2010, any entity offering retail Forex and acting as the counterparty to U.S. residents must be registered with the CFTC and a member of the National Futures Association (NFA).
As a result of these Forex regulations being implemented by the Commodity Futures Trading Commission, IamOptions Inc. (IamOptions) is no longer offering Forex trading accounts to United States domiciled clients.