FXCM Settles Another Regulatory Headache in US Ahead of Departure

[kreslik.news]

2017 will be a year to forget for FXCM, and the troubled broker is not yet out of the woods. On Monday, the New York-based FX broker took a step towards resolving another legal headache in the US, which is scheduled to leave soon, by agreeing to pay a
$650,000 civil fine to the CFTC to settle charges that it was under-capitalized in January 2015, and failed to report its capital shortfall in a timely manner, the company said in a statement.

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