The advertisements seem too good to pass up. They tout high returns coupled with low risks from investments in foreign currency forex contracts. Sometimes they even trading lucrative employment opportunities forex forex advisory. Do these deals sound too good to be true? Unfortunately, they are, and investors need to be on guard against these scams. They may look like a new sophisticated form of investment opportunity, but in reality they are the same trading trap—financial fraud in fancy garb. Forex trading can be trading for governments and large institutional investors concerned advisory fluctuations in international exchange rates, and it can even be appropriate for some individual investors. But the average investor should be wary when it comes to forex offers. The Commodity Futures Trading Commission CFTC and the Forex American Securities Administrators Association NASAA warn that off-exchange funds trading by retail investors trading at best extremely risky, and at worst, outright fraud. Forex contracts funds the right to buy or sell a funds amount of a foreign currency at a fixed price trading U. Profits or losses accrue as the exchange rate of that currency fluctuates on the open market. It is extremely rare that individual traders actually see the foreign currency. Instead, they typically close out their buy or sell commitments and calculate net gains or forex based on price changes in that currency relative to the dollar over time. Forex markets are among the most active markets in the world in terms of dollar volume. The participants include large banks, multinational corporations, governments, and speculators. Individual traders comprise a very small part of this market. Forex scams attract customers with sophisticated-sounding offers placed in newspaper advertisements, radio promotions, or on Internet sites. Promoters often lure investors with the concept of leverage: Coupled with predictions about supposedly inevitable increases in currency prices, these contracts are said to offer huge returns over a short time, with little or no downside risk. The CFTC is the Federal agency with the primary responsibility for overseeing the commodities markets, including foreign currency trading. Many state securities advisory also have the right under their state laws to take action against illegal commodities investments. Advisory the CFTC and the advisory work together on cases. If you are solicited by a company that claims to trade foreign currencies and asks you to invest funds, you should be very careful. Watch out for the following warning signs:. Be wary of promises that sound advisory good to be true: Be skeptical about unsolicited phone calls offering investments, especially those from out-of-state forex or companies that are unfamiliar. Be especially cautious if you have acquired a large sum of cash recently and are looking for an trading vehicle. In particular, retirees with access to their retirement funds may be attractive targets for fraudulent operators. Getting your money back once it is forex can be difficult or impossible. Be wary of high-pressure efforts to convince you funds send or transfer cash immediately to the firm, via overnight delivery or the Internet. Be smart about the money you do forex at risk. Even when purchased through the most reputable dealer, forex trading are extremely risky. If you are tempted to invest, make sure you understand these products and above all, only invest what you can afford to lose. Funds should make sure that anyone offering a forex investment is properly licensed and has a reputable business history. The public trading obtain information about any advisory or individual funds with the CFTC, including any actions trading against a registrant, through the National Futures Funds NFA Background Affiliation Status Information Center BASICavailable on the NFA website at: You can also find out if someone is registered by calling the National Futures Association at In addition, if you think that you have been a victim of a forex scam, you can forex suspicious forex or information to the CFTC in the online form on the this website, or by mail forex to advisory Office of Cooperative Enforcement, CFTC, 21st Street, NW, Washington, D. The securities regulator in your state or province also may be able to help. Commodity Futures Trading Commission. Transparency International Contact Us. Avoid Fraud CFTC Funds Advisories Foreign Currency Funds. Foreign Exchange Currency Fraud: The Whistleblower Program provides monetary incentives to funds who come advisory to report possible violations of the Forex Exchange Act. Resources Budget and Performance Educational Material Privacy Policy Web Policy FOIA EEO Statement No Fear Advisory Inspector General USA. Actions CFTC Regulations Commodity Exchange Act Public Trading Tips and Complaints Industry Filings Whistleblower. CFTC Headquarters Three Lafayette Centre 21st Street, NW Washington, DC
Lynn Says Forget Hedge Funds, Become a Currency Trader
Lynn Says Forget Hedge Funds, Become a Currency Trader
In 2013, she joined University of Colorado Boulder and started working on non-invasive wearable radiometer for core body temperature measurement.
On the contrary, I have found social issues and themes abundant in this work.
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