Email this LII item:

Foreign Exchange Currency Fraud
An investor update that discusses potential fraud concerns arising from investments in foreign currency ("forex") contracts. "They may look like a new sophisticated form of investment opportunity, but in reality they are the same old trap -- financial fraud in fancy garb." Describes how forex contracts work, warning signs of fraud, and what regulators are doing. From the North American Securities Administrators Association.
http://www.nasaa.org/Investor_Education/Investor_Alerts___Tips/6627.cfm

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