Retail forex business
Retail forex business means engaging in one or more retail forex transactions with the intent to derive income from those transactions, either directly or indirectly.
Source
12 CFR § 48.2
Scoping language
In addition to the definitions in this section, for purposes of this part, the following terms have the same meaning as in the Commodity Exchange Act: Affiliated person of a futures commission merchant; associated person; contract of sale; commodity; eligible contract participant; futures commission merchant; future delivery; option; security; and security futures product.