Disclosure.

CFR · 2024-01-01 · US · Title 12

(a) (b) (c) (d) (e)(1) (i) The total number of retail forex customer accounts maintained by the national bank over which the national bank does not exercise investment discretion; (ii) The percentage of such accounts that were profitable for retail forex customer accounts during the quarter; and (iii) The percentage of such accounts that were not profitable for retail forex customer accounts during the quarter. (2) The national bank's statement of profitable trades must include the following legend: “Past performance is not necessarily indicative of future results.” Each national bank must provide, upon request, to any retail forex customer or prospective retail forex customer the total number of retail (f) (1) The amount of any fee, charge, spread, or commission that the national bank may impose on the retail forex customer in connection with a retail forex account or retail forex transaction; (2) An explanation of how the national bank will determine the amount of such fees, charges, spreads, or commissions; and (3) The circumstances under which the national bank may impose such fees, charges, spreads, or commissions. (g) (h) (i)

official document · source cfr-2024 · id 12:§ 48.6