19.86.010, Definitions. The CFTC has witnessed a sharp rise in forex trading scams in recent years and wants to advise you on how to identify potential fraud.We offer an informal complaint resolution service to Washington state residents, and to consumers with complaints about businesses located in Washington state. Report fraud, scams, and bad business practices at ReportFraud.ftc.gov. Report identity theft at IdentityTheft.gov. The most important criteria when selecting a forex broker are the regulatory approval status of the broker and its governing authority. Washington has not adopted the Federal Uniform Deceptive Trade Practices Act (UDTPA), but does prohibit consumer fraud practices such as false advertising. Want to start earning with forex trading? Before you do, take a look at our guide on forex regulations in the US and learn the rules. Running Into Problems?
