Tag: NFA

03 Sep 2010

CFTC finally wakes up on Forex Regulation

The CFTC finally made a common sense rule on Forex this past week – saying that if you are soliciting accounts to trade forex,  you have to be registered to sell forex accounts. What a ground breaking idea (heavy sarcasm). Here’s the release. For those of us who have to be registered to sell stocks, […]

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29 Jun 2011

Officiating Today’s Game – the NFA and CFTC

You may, on occasion, hear us refer to the NFA or  CFTC in our writing, but aside from a jumble of letters, what are these organizations and what do they do? The answer is simple: they work to ensure legal and ethical standards are upheld across the industry. In 1974, Congress passed the Commodity Futures […]

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12 Jul 2011

Money Can’t Buy You Happiness, but….

Our weekly newsletter is up, and this time around, we’re delving into the world of the wealthy, and the categories that come with it. It turns out that the lifestyles of the rich and the famous extend far beyond access to Bugatti Roadsters , yachts to pull up alongside happiness, and expensive caviar. Wealth, in and […]

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20 Sep 2011

Financial Product Innovation Barreling Past 2008 Objections

I was lucky enough to attend a mini-seminar on setting up managed futures based mutual funds last week, and was shocked by most of what was being said. Looking around the room, most people were drooling over the possibilities present for raising assets, but a select few (myself included) seemed to be thinking-   Is this […]

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09 Dec 2011

No Answers, More Hope

The story that dominated the headlines for anyone in the futures world yesterday was the House Agriculture Committee’s hearing on MF Global. The star in the line-up was easily Jon Corzine, but much as expected, both his written statement and response to interrogation was an exercise in establishing plausible deniability. Others, however, did provide some […]

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02 Feb 2012

Can’t Do That Here…

There are many out there that question the status of financial regulation. Being subject to NFA and CFTC regulation, we can tell you it’s not as lackadaisical as some would have you believe… especially compared to other industries. What do we mean?

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19 Mar 2012

The NFA Has Landed

To take part in the world of futures trading from a brokerage standpoint, registration is mandatory with the industry’s regulatory body, the National Futures Association (NFA). The next couple of weeks will be a testament to just this around the Attain offices, as the NFA is conducting their regular audit, which all members are subject to every three years or so. They’ll be poring over financial records, documentation, communications, promotional material and supporting evidence for days on end.

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28 Mar 2012

Can’t Do That Here…

There are many out there that question the status of financial regulation. Being subject to NFA and CFTC regulation, we can tell you it’s not as lackadaisical as some would have you believe… especially compared to other industries. What do we mean?

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18 Apr 2012

A PSA for CTAs- Do it Right From Day One

We ran into a CTA recently who had a nice-looking track record, and we were excited about where the conversation was headed. But upon further review, we realized that this pretty track record was not calculated with the same method as other CTA track records. This means Attain is left having to remove a good-looking program from our website to avoid an apples vs. oranges comparison problem within our rankings and statistics. To avoid these problems in the future, here is our free public service announcement for those starting a CTA, or even those established CTAs who are looking at taking things to the next level.

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