12 CFR 349.3 - Prohibited transactions.
(a) Fraudulent conduct prohibited. No FDIC-supervised insured depository institution or its IAPs may, directly or indirectly, in or in connection with any retail forex transaction:
(2) Willfully make or cause to be made to any person any false report or statement or cause to be entered for any person any false record; or
(b) Acting as counterparty and exercising discretion prohibited. If an FDIC-supervised insured depository institution can cause retail forex transactions to be effected for a retail forex customer without the retail forex customer's specific authorization, then neither the FDIC-supervised insured depository institution nor its affiliates may act as the counterparty for any retail forex transaction with that retail forex customer.
Title 12 published on 2014-01-01
no entries appear in the Federal Register after this date.