Form 8-K FXCM Inc. For: Feb 02

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Go back to Form 8-K FXCM Inc. For: Feb 02

FXCM, Inc. (FXCM) to Withdraw from Business in U.S.

February 7, 2017 6:36 AM EST

(Updated - February 7, 2017 6:37 AM EST)

FXCM Inc. (NASDAQ: FXCM) today announced simultaneous regulatory settlements with the National Futures Association and the Commodity Futures Trading Commission (CFTC) against its U.S. subsidiary, Forex Capital Markets LLC and certain of its principals. FXCM Holdings, LLC was also named in the CFTC settlement. The named FXCM entities and principals neither admit nor deny the allegations associated with the settlements. The NFA settlement has no monetary fine, and the CFTC settlement has a $7 million... More