The Financial Commission is an external dispute resolution organization whose function will be to provide a new approach for traders and brokers alike to resolve any issues that arise in the course of trading the Forex market. It will be officially launched in September 2013.
There are various national organizations which deal with financial regulation and securities arbitration, but with more and more complex global financial rules being implemented of late, a need for a cross-border dispute settlement body has become increasingly urgent. Will the Financial Commission be an answer to that need?
Katarzyna Komorowska spoke to one of the founders, Peter Tatarnikov and we published the interview on our website: ‘Our goal is ensure a fair process for all’ – Peter Tatarnikov, Financial Commission Founder
FXstreet.com’s President and Founder, Francesc Riverola, is member of the Dispute Resolution Committee of the Financial Commission. One month ago he announced in his blog his participation to this initiative and expressed his enthusiasm: “I am proud to be part of what I am expecting it will be an independent commission that will help resolve disputes between Forex traders and FX brokers world wide…. If the commission should succeed, no doubt it is a good and a right step towards making FX a real asset class for traders all over the world…” Stay tuned, launching in September 2013!