CFTC Orders Florida-based IBFX, Inc. (f/k/a TradeStation Forex, Inc.) To Pay A $1 Million Penalty For Failing To Meet Minimum Capital Requirements, Failing To Timely Report Minimum Net Capital Violations, Supervisory Failures, And Violating A Prior CFTC Order

The Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Plantation, Florida-based IBFX, Inc. (IBFX), formerly known asTradeStation Forex, Inc. IBFX is a wholly owned subsidiary of TradeStation Group, Inc. and a CFTC-registered Retail Foreign Exchange Dealer (RFED). The CFTC Order requires IBFX to pay a $1 million civil monetary penalty and agree to certain undertakings set-forth in the Order relating to its RFED operations.