1. POLICY STATEMENT
Fullerton Markets International Limited (hereinafter called the "Company") is an entity incorporated under the International Business Companies (Amendment and Consolidation) Act, Chapter 149 of the Revised Laws of Saint Vincent of the Grenadines, 2009, with the following registrations: Company Number 24426 BC 2017.
Effective immediately, due to the regulatory restrictions in the US, the Company will not able to accept any transactions from US residents.
Recent changes have been made to US regulations regarding off-exchange retail foreign exchange. The new regulatory rules – implemented by the Commodity Futures Trading Commission (CFTC), the U.S. government agency responsible for the regulation of retail foreign exchange – apply to retail forex transactions that are offered or entered into by entities registered with CFTC under the Commodity Exchange Act (CEA).
Although the Company does not have any offices or operations in the US and is not subject directly to the licensing laws of US regulators, our compliance checks have revealed that the CFTC does not allow retail forex transactions to be provided to US clients by entities not registered with the CFTC. Introducing Broker/ White Label/ Affiliates/ Authorised Agent may be accepted from persons in the United States but such persons will not be allowed to trade any instrument provided by the Company.
We sincerely apologise for any inconvenience this may cause but unfortunately changes in US regulations are beyond our control. We will continue to monitor the US laws and would be happy to accept US residents in the future, should the laws and regulations change.
