Retail forex customer

Retail forex customer means a customer that is not an eligible contract participant, acting on his, her, or its own behalf and engaging in retail forex transactions.

Source

12 CFR § 240.2

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Scoping language

For purposes of this part, the following terms have the same meaning as in the Commodity Exchange Act (7 U.S.C. 1 et seq.): affiliated person of a futures commission merchant; associated person; contract of sale; commodity; futures commission merchant; future delivery; option; security; and security futures product.

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