What is the meaning of financial control regulation?
There are several questions that revolve in the minds of the investor, regarding Forex trading, no matter he is an expert or an amateur. For example, what if the trading companies manipulate the Forex markets? Is there someone to observe or regulate them? To which authority are they affiliated?
In this section, we will describe the benefits of regulatory bodies of financial markets. It is important to let everyone know about the licensing and regulatory bodies which give licenses to brokerage firms. In other words, those firms are under the provisions and standards of the regulatory bodies.
Therefore, you have to check with the Supervisory Board to make sure that the firm you are dealing with is registered and licensed. On the other hand, the regulatory bodies work hard to monitor the activity of the trading firms in order to help the trader get the best services and ensure that the trading firms meet the quality standards.
Pipso FX has tried its best to provide all the relevant trading information, and give the traders a transparent view of the trading standards in order to help them get the perfect experience in trading in a safe and trustworthy environment.
Learn regulatory bodies in all its forms now!
The Commodity Futures Trading Commission (CFTC) is the trading committee which is responsible for the trading in commodity futures. It is considered a controlled US Congress body and therefore it works on the organization of the work of the global markets and monitors it to prevent irregularities. It has powers up to the extent of the closure of large scale institutions or brokerage firms if they bypass or break the laws issued by the NFA.
National Futures Association (NFA) is a national body that is responsible for trading in futures. It is a subsidiary to the CFTC and it is meant to protect investors from untrustworthy brokerage firms. It has the authority to implement sanctions against companies violating the laws of the body.
|FSP||The Financial Services Commission (FSC) works on monitoring brokerage firms located in New Zealand. Additionally, it makes those companies subject to the new law, which is regulating the work of investment and stock markets. It also works on: organizing transactions and tracking companies who engage in trading and investment business within the financial markets of the British Virgin Islands. It ensures that those companies are adopting all laws and regulations of the Commission.||New Zeland||ReadMore|
|Cysec||Cyprus Securities and Exchange Commission (CYSEC) is the body that works to regulate the financial markets in Cyprus, and makes all investment firms there following the strict laws and regulations of Cyprus and EU.||Cybrus||ReadMore|
The Financial Services Commission (FSC), works to monitor brokerage firms within the British Virgin Islands. In addition, it makes those companies subject to the new law, which is regulating the work of investment and stock markets. It also works on: organizing transactions and tracking companies who engage in trading and investment business within the financial markets of the British Virgin Islands. It ensures that those companies are adopting all laws and regulations of the Commission.
|British Virgin Islands||ReadMore|
The UK Financial Service Authority works with the organization of all transactions in the financial markets within the United Kingdom, and maintains their efficient work. It also aims to protect investors from violations of brokerage firms to the laws of financial markets as well as sanctioning the companies who violate those laws.
|SFBC||The Swiss Federal Banking Commission is responsible for all federal banking services that are subject to its supervision. It works on organizing all ongoing trading transactions within financial markets to achieve transparency between the brokerage companies and the clients. It has the authority to implement sanctions against companies who violate its laws, that are issued to support the stability of the financial and banking system.||Switzerland||ReadMore|
|ASIC||The Australian Securities And Investments Commission works to regulate transactions in the state markets, raises the Australian economy, reputation and achieves the confidence among investors and consumers in the Australian financial system. It is also in charge of monitoring brokerage companies and ensuring that all companies are serving the investors correctly without violating the laws.||Australia||ReadMore|
The Investment Industry Regulatory Organization of Canada is responsible for regulating the financial transactions in Canada. It has a self-regulatory body and concerned with the control of brokerage firms and investment activities in all financial markets in Canada. The Commission is concerned with the development of special laws in Canadian trade and implementation of the rules relating to investment activities efficiently and is keen to subject the laws to protect companies and investors.
The Securities and Commission futures Commission is responsible for monitoring the transactions in stocks and futures of the financial markets of Hong Kong. Its headquarters are located in Hong Kong, and it is considered one of the stronger regulatory bodies that enforces strict laws in the financial markets. It works on organizing and controlling the financial transactions on securities and futures contracts, and keens to impose sanctions severely against companies who break the laws.
|ٍMIFID||The Markets in Financial Instruments Directive are a law for financial markets for any license granted by the European Union for the trading of securities and futures in European markets. It works to regulate and control all financial services and investment in a consistent manner between the 30 countries within the European Economic Area. It aims to protect the investors and the clients and brokerage firms too, as well as raise the.||Europe||ReadMore|