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CFTC Says Millennials Vulnerable to Scams

September 16, 2018

James McDonald is the CFTC’s Director of the Division of Enforcement and he stated, ““We have seen an increase in the number of unregistered entities and individuals illegally pedaling apps, websites, and social media to retail customers for trading in forex and binary options. Many of these entities and individuals specifically target Millennials, who may be less experienced investors.”