The Commodity Futures Trading Commission has created a special task force within the Division of Enforcement to focus on fraud in the off-exchange retail foreign currency (“forex”) market. The new task force, the creation of which coincides with recent legislation enhancing CFTC jurisdiction over forex transactions, will work in conjunction with other federal and state regulators to investigate and litigate cases of forex fraud.

http://www.cftc.gov/newsroom/enforcementpressreleases/2008/pr5530-08.html