Who regulates prop firms

Does anybody know Who regulates prop firms?
Can anybody start one or you need some qualifications ?
I looked everywhere but could not find anything.
 
Quote from parsamkk:

Does anybody know Who regulates prop firms?
Can anybody start one or you need some qualifications ?
I looked everywhere but could not find anything.

SROs. The NASD. The exchange of which they are members. Michael J. Fox.
 
I am with Golden Market Management and I know they have the proper license to do business in Canada I did a lot of searching and Golden and Swift where the ONLY 2 regulated firms. This is why I chose them and am personally very happy.
 
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