Hi, I just want to ask some advice about Forex regulations.
I am a Broker for a company based in San Fransisco, which is member of NFA and CFTC and CTA.
I am not a US resident but however I work for an American company having non US clients. What I want to know is If I am covered by NFA myself or need to be an individual member. Also do I need to have a licence to trade or is it enough that I belong to this NFA company?
I just wanna make sure before I pursue this career that I am covered in case worst case scenario a client is suing me for bad management on his account and then will I go to court and be liable? Or the company is covering me?
I am just bit confused. At the moment I trade for myself my money and some friends but if I wanna pursue this proffesionally I gotta be vigilant!
Thanks
hope wasnt confusing!
I am a Broker for a company based in San Fransisco, which is member of NFA and CFTC and CTA.
I am not a US resident but however I work for an American company having non US clients. What I want to know is If I am covered by NFA myself or need to be an individual member. Also do I need to have a licence to trade or is it enough that I belong to this NFA company?
I just wanna make sure before I pursue this career that I am covered in case worst case scenario a client is suing me for bad management on his account and then will I go to court and be liable? Or the company is covering me?
I am just bit confused. At the moment I trade for myself my money and some friends but if I wanna pursue this proffesionally I gotta be vigilant!
Thanks
hope wasnt confusing!