by Erich Grant, Shift Forex On October 18th 2010 the NFA and CFTC issued a set of new rules governing the retail forex industry, dramatically tightening the regulatory regime under which forex firms operate. Many in the retail forex industry feared the new set of regulations would push most or almost all of the business out of the United States. Indeed, many market participants have been forced to cease doing business or have pulled out of the country and stopped accepting US clients. Far from destroying the industry, these new regulations have laid the groundwork for the next dramatic stage…