Best non bucket shop broker.

From ssss
To CFTC ,office of Director
dcio@cftc.gov


Gentlemen


Author of this e-mail have some questions about CFTC responsibility.
Excuse the author if questions are not relevant .


Author ( to date multiple trader contest prize money winner
in Germany and USA) planned to participate in different
trader contest with real money in USA .

Experinece of the author with different trader contest's
stated about multiple legal problem's in judgement ,conditions
by any art of contest's.Author expected different kind of problem's
by real money CFTC related trader competitions .

As example
1.contest by FXCM http://www.fxcm.com/trading-contest.jsp

no any result of any contestants from 4000 is public
until end of the contest (one month)

To compare -by interbankfx result is public with small delay
http://www.interbankfx.com/Contest/ContestResults.aspx

2. Did CFTC controlled Robbins contest ? in e-mini ?
as example result of L.Williams was accepted from NFA
as "...deceptive statement "
http://www.robbinstrading.com/worldcup/standings.asp

Can CFTC say about any prize winner ,that this have not
any offset accounts ?

3. Did CFTC controlled fund manager competition ?
http://www.pfgbest.com/cta/contest_details.asp


Relevant comment would appreciated
 
Wed, 6 Feb 2008 5:12 PM ( 16 mins 41 secs ago ) Text view
Print view
From "Gold, Barbara S." <bgold@CFTC.gov> [Add]
To ssss [Add]
Cc "DCIO Internet" <dcio@cftc.gov> [Add]
Subject RE: CFTC control of public trader competition Show full header

In response to your inquiry below, pleased be advised that:

1. Neither the Commodity Futures Trading Commission nor any member of
its staff comments on the merits of trading with any particular person;
and

2. Section 4o(2) of the Commodity Exchange Act provides that:

It shall be unlawful for any commodity trading advisor,
associated person of a commodity trading advisor, commodity pool
operator, or associated person of a commodity pool operator registered
under this chapter to represent or imply in any manner whatsoever that
such person has been sponsored, recommended, or approved, or that such
person's abilities or qualifications have in any respect been passed
upon, by the United States or any agency or officer thereof. This
section shall not be construed to prohibit a statement that a person is
registered under this chapter as a commodity trading advisor, associated

person of a commodity trading advisor, commodity pool operator, or
associated person of a commodity pool operator, if such statement is
true in fact and if the effect of such registration is not
misrepresented.
 
Back
Top