The organization is currently working on meeting the requirements of the Bank of Russia, so that it can be included in the SRO register as a self-regulatory organization for Forex dealers.
Read moreThe Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN), Russia's Forex self-regulatory organization, has been pretty active lately in enlarging its list of fraudulent companies. The latest company to join the “Black List” is Panteon-Finance Ltd. The SRO has decided to blacklist the company after receiving numerous complaints by investors over their inability…
Read moreRussian retail Forex traders are broadly unsupportive of the leverage cap of 1:50, outlined in the Forex law, a recent survey has shown. In December 2014, Russia's "Centre for Regulation in OTC Financial Instruments and Technologies" (CRFIN) conducted a survey amid retail Forex traders in the country, asking them to voice their opinion on the maximum…
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