There are several regulatory bodies that oversee the Forex industry worldwide. Here are some of the main ones:
Financial Conduct Authority (FCA) - United Kingdom
Commodity Futures Trading Commission (CFTC) - United States
National Futures Association (NFA) - United States
Australian Securities and Investments Commission (ASIC) - Australia
Financial Services Agency (FSA) - Japan
Securities and Exchange Commission (SEC) - United States
European Securities and Markets Authority (ESMA) - European Union
Swiss Financial Market Supervisory Authority (FINMA) - Switzerland
Monetary Authority of Singapore (MAS) - Singapore
Financial Markets Authority (FMA) - New Zealand
These regulatory bodies are responsible for monitoring and regulating the activities of Forex brokers and ensuring that they comply with industry standards and best practices. They also help protect traders from fraudulent and unethical practices in the Forex market.
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