I think it fair to say that the business model of co-mingling and interbreeding training and trading, where the client brings his own personal capital to the firm, is attracting a great deal of regulatory and industry concern and compliance actions as of late. Lots of formal complaints being filed with the NFA and the CFTC.
http://www.cftc.gov/ucm/groups/publ...alpleading/enfregan_protradingorder052912.pdf
And in my opinion, Regan is just the tip of the iceberg. Just another way to bilk some poor soul $10K or $26K for a "training course".
http://www.cftc.gov/ucm/groups/publ...alpleading/enfregan_protradingorder052912.pdf
And in my opinion, Regan is just the tip of the iceberg. Just another way to bilk some poor soul $10K or $26K for a "training course".