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CTA Registration


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  #1 (permalink)
 spectre2007 
New York, New York
 
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Do you find once your officially registered as a CTA, you refrain from posting too much online?


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 artemiso 
New York, NY
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spectre2007 View Post
Do you find once your officially registered as a CTA, you refrain from posting too much online?

No. There's nothing explicitly preventing you from posting online. In fact, some people associated with CTAs/hedge funds even go around the internet publicizing their knowledge - ostentatiously - on the subject matter. Often, they are using it as a means to court "reverse solicitation", which is completely legal.

However if you are in any kind of official capacity for a business, I think it would be prudent to separate your personal life from your work life.

The biggest change that the CTA registration does to you is that you start making these quarterly filings that have confusing questions that even the NFA staff are unsure about, and it takes up a substantial amount of your time to get these right. Firms charge $25k+ per year to do this sort of compliance work for you so it's obviously a huge time sink. The rest of the stipulations (disclosures, solicitation, recordkeeping etc.) are generally common sense.


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 spectre2007 
New York, New York
 
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Just trading my own funds, I thought it would be cool to get my file reopened with NFA, since last time I was registered was as a floor trader. No outside funds. After Series 3, looking to get Series 65.

Regards,
Chris


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Last Updated on March 4, 2017


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