RED (Registration Deficient) LIST
List of Foreign Entities That Have Been Identified as Acting in a Capacity That Appears to Require Registration but Are Not Appropriately Registered With the Commission
The Commodity Futures Trading Commission (CFTC) frequently receives investigative leads and questions from the public about foreign entities that solicit and/or accept funds from U.S. residents at a retail level. For example these leads and questions can relate to, among other things, foreign entities that engage in foreign currency (“Forex”) in a capacity similar to Retail Foreign Exchange Dealers (“RFEDs”), Introducing Brokers, Commodity Trading Advisors or Commodity Pool Operators http://www.cftc.gov/ConsumerProtection/FraudAwarenessPrevention/ForeignCurrencyTrading/index.htm and binary options http://www.cftc.gov/PressRoom/PressReleases/fraudadv_binaryoption. Many of these foreign entities are acting in a capacity that requires them to be registered with the CFTC.
If a foreign entity is registered with the CFTC, then it is subject to CFTC regulations and oversight that apply to registrants. Generally, foreign entities that solicit you to trade are required to register with the CFTC. For this reason, it is important for you to consider whether the foreign entity that solicits you is, in fact, registered with the CFTC.
In certain cases, a preliminary review by the CFTC reveals that foreign entities that solicit and/or accept funds from U.S. residents at a retail level have no or limited U.S. presence, and act in a capacity that appears to require registration, but are not in fact registered. In an effort to warn the public about these entities, the CFTC is publishing the names of those foreign entities.
The goal of this list is to provide information to U.S. consumers about foreign entities that are acting in an unregistered capacity and to help them make more informed decisions about whether to trade with or through such an entity. The more that U.S. consumers trade with and through registered entities, the more likely that their funds will have a greater chance of being protected.
The named foreign entities currently appear to be acting in a capacity that requires registration with the CFTC but are NOT registered with the CFTC.
|4/12/2016||Banc de Options|
|4/25/2017||Bartle Investment Group|
|12/11/2017||Binary Options Ltd.|
|12/11/2017||Binary Options Robot|
|4/25/2017||Byrix Financial Investments|
|4/25/2017||Capital Bank Markets|
|12/11/2017||Capital City Markets|
|4/25/2017||Capital Trade House|
|4/12/2016||Diamond Managed Forex|
|12/11/2017||Finance Group Corp.|
|4/12/2016||Forex Broker Inc.|
|4/12/2016||Forex Investment Services|
|4/25/2017||Glenridge Capital GMR|
|12/11/2017||Global Consulting Group|
|4/12/2016||Golden Tangent Holdings|
|12/11/2017||Goldex Technology Limited|
|4/25/2017||Int’l Brokers Assn Mkts|
|4/25/2017||London Binary Option|
|12/11/2017||Markets The World|
|4/12/2016||Pamm-Mam Forex Fund Management|
|4/25/2017||Profitable Forex Advisors|
|4/25/2017||Stichting WST Capital|
|12/11/2017||Suomen Kerran LP d/b/a/ Finministry|
|12/11/2017||Trade24 Global Ltd.|
|8/21/2015||Win Forex Trade|
The inclusion of an entity’s name on the RED list does not mean that the CFTC or a Court has concluded that a violation of any provision of the Commodity Exchange Act or the Commission’s Regulations has occurred.
Get the latest SmartCheck news sent to your inbox.Sign Up
Run a Check.
Know Your Pro.
Investing can be risky. Make sure your financial professional is properly registered and check their disciplinary history.Check
Insight for the informed investor.
Protect your investments. Stay one step ahead of ever-changing marketplace and scams.Articles