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Chicago based brokerage Phillip Capital Inc. (PCI), has been expecting for the U.S. Securities and Exchange Commission to reassess its position on retail forex offerings, the CEO of the company Lynette Lim confirmed to Finance Magnates.
“We had actually just started offering Forex two weeks ago with a soft launch after spending two years on integration and had started to onboard some clients. Also, Phillip Capital has already been offering forex in the other countries and will continue to do so. The recent announcement only affects the U.S.,” Mrs Lim elaborated.
On May the 20th, the SEC has ... ([url=http://www.financemagnates.com/forex/brokers/phillip-capital-operated-two-weeks-the-us-before-withdrawing-from-retail-fx/]read more)