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Prop Trading and My Forex Funds: Regulatory Crossroads in the Wake of the Deel Scandal

The recent scandal involving the HR startup Deel and My Forex Funds has placed regulators once again under intense public scrutiny. However, this time, it may not be entirely their fault. The involvement of My Forex Funds in unregulated propriety trading that inadvertently ensnared Deel could potentially be more detrimental to the latter than the recent investor turbulence experienced by Papaya Global. It should be noted that compliance forms are not only the Achilles heel of financial instituti...
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Posted: Sep 19 2023, 13:30
Author Name: financemagnates
Views: 091163