FTMO Owned OANDA Fined by U.S Regulator over Compliance Failures:

OANDA is facing a potential fine of up to $500,000 for each violation, due to allegations of non-compliance with NFA regulations.

The issues include ¹:

- AML Procedure Failures: OANDA failed to follow its anti-money laundering procedures.

- Inadequate SSP: The firm's Information Systems Security Program was insufficient.

- Customer Complaint Handling: OANDA didn't properly handle customer complaints.

- Inaccurate Fillings: The company submitted inaccurate daily forex reports.

How do you see FTMO recovering from this setback?