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… exchange swaps excluded by the Treasury Department or spot forex transactions, because such transactions are already … premiums, and required minimum security deposit for retail forex transactions (as defined in Sec.  5.1(m) of this … premiums, and required minimum security deposit for retail forex transactions (as defined in Sec.  5.1(m) of this …
… futures contracts, options on futures, retail off-exchange forex contracts or swaps, and accepts money or other assets …
… premiums, and required minimum security deposit for retail forex transactions (as defined in Sec.  5.1(m) of this … premiums, and required minimum security deposit for retail forex transactions (as defined in Sec.  5.1(m) of this …
… Courts have expressed this view as well. See, e.g., Salomon Forex, Inc. v. Tauber, 8 F.3d 966, 971 (4th Cir. 1993) … Courts have expressed this view as well. See, e.g., Salomon Forex, Inc. v. Tauber, 8 F.3d 966, 971 (4th Cir. 1993) …
… futures commission merchants offering or engaging in retail forex transactions and for retail foreign exchange dealers. … futures commission merchants offering or engaging in retail forex transactions and for retail foreign exchange dealers. …
…     \178\ The Commission notes that Forex Capital Markets, LLC  (``FXCM'') commented in response …
… Courts have expressed this view as well. See, e.g., Salomon Forex, Inc. v. Tauber, 8 F.3d 966, 971 (4th Cir. 1993) … Courts have expressed this view as well. See, e.g., Salomon Forex, Inc. v. Tauber, 8 F.3d 966, 971 (4th Cir. 1993) …
… have expressed  this view as well. See, e.g., Salomon Forex, Inc. v. Tauber, 8 F.3d  966, 971 (4th Cir. 1993) …