Some foreign exchange regulators have very strict regulations and enforcement, while others have few regulations—or none at all.
What are the advantages of the forex market? Individual investors can access this expansive, global market—largely unknown to many.
China holds a whopping $3.2 trillion in foreign currency reserves, more all of North America, Europe, and South America combined.
Regulators issued record fines of nearly $6B to six banks for forex manipulation this week. The cat and mouse game between regulators and banks continues.