FXCM To Pay $7M For Hiding Deal With Market Maker

By Dorothy Atkins (February 6, 2017, 9:30 PM EST) -- Online foreign exchange broker Forex Capital Markets has agreed to pay a $7 million civil penalty to settle charges brought by the U.S. Commodity Futures Trading Commission for allegedly concealing its relationship with a purported third-party market maker that has made FXCM more than $77 million since 2010, the CFTC said Monday....

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