Here is a correspondence from GFT Prime on Feb 21 2007. I can say the same for Man and ODL Prime.
"Our compliance department tells me, as soon as you introduce a US customer, you need to be regulated in the US somehow - this is our understanding."
Keep in mind the wording "off-exchange" has just been added to all the disclaimers in the past two months. Which all use to read "Trading foreign exchange on margin carries a high level of risk and is not suitable for all investors"
I got my 3 back in 2001 and it really doesn't make a lot of scene for people to know that a Pork Belly contract size is 40,000 lbs. if your only going to be trading FX. As you can see from above my info is not that old. So the only thing I can suggest is that you contact each broker and compile a list maybe since they added "off-exchange" things have changed.
Sine I have no desire to manage funds I'm going to leave this up to you guys.
"Our compliance department tells me, as soon as you introduce a US customer, you need to be regulated in the US somehow - this is our understanding."
Keep in mind the wording "off-exchange" has just been added to all the disclaimers in the past two months. Which all use to read "Trading foreign exchange on margin carries a high level of risk and is not suitable for all investors"
I got my 3 back in 2001 and it really doesn't make a lot of scene for people to know that a Pork Belly contract size is 40,000 lbs. if your only going to be trading FX. As you can see from above my info is not that old. So the only thing I can suggest is that you contact each broker and compile a list maybe since they added "off-exchange" things have changed.
Sine I have no desire to manage funds I'm going to leave this up to you guys.