29.04.2009 - NFA introduces new anti-hedging rules
From Learningmarkets.com: The NFA (National Futures Association) proposed a rule change to the CFTC (Commodity Futures Trading Commission) last year that was approved and will begin applying to forex dealers in the U.S. on May 15th 2009. There are two unrelated features in the rule change. The most controversial feature has to do with "hedging" or hedged forex positions. The second feature has more to do with the conditions that must be applied before a trader's position can be adjusted by a dealer. This article will discuss the changes and why they may not be such a bad thing......Full Article: Source
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