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- loom replied Sep 6, 2023
Would be interesting to watch that, but irrelevant (for the same reason that "I got a speeding ticket, but those other 50 speeders didn't" is irrelevant). Besides, if the CFTC lawyers are any good, they'd just keep focusing the jury on those luxury ...
- loom replied Sep 6, 2023
That had me scratching my head. You'd think these guys would have at least a working knowledge of relevant legal issues - a quick Google search brought up the Memorandum of Understanding from 2014 between the relevant Canadian and US agencies. This, ...
- loom replied Sep 2, 2023
North of 90% of cases in the US - civil or criminal - don't go to trial. There's pretty good reason to believe this will be resolved relatively quickly in the US.
- loom replied Sep 2, 2023
We must be protected from ourselves. Unless it's a state-run lottery or Ponzi scheme - burning your money on those things is fine, and probably good. Something to keep in mind: This type of prop firm exists because of other regulations - whether ...
- loom replied Sep 1, 2023
From my Oanda account:
- loom replied Sep 1, 2023
Oanda does not offer CFDs to US clients. US citizens are not allowed to trade CFDs. If I remember correctly, Oanda has two divisions - one US-based, and one not because of US regulations (CFDs, allowed margin, capital requirements). Thankfully, ...
- loom replied Sep 1, 2023
Nothing at the moment, but power generation and transmission will be. Bullish for copper.
- loom replied Sep 1, 2023
The CFTC, NFA, and SEC all have websites listing their enforcement actions.
- loom replied Sep 1, 2023
This isn't wrong. There's no conspiracy - evil intent or stupidity, etc. But nitpicking the analogy: The way the regulatory system is set up, the FBI in your example would be Congress, the president, and SCOTUS all in one. The agencies make the ...
- loom replied Sep 1, 2023
Maybe, maybe not. EU and other regulators don't always follow suit - see eg CFDs, US FX regulations (specifically, margin, capital requirements for brokers, and licensing). Those things might be what's at issue here, at least in the US (and would be ...
- loom replied Aug 31, 2023
They're based in Czechia, aren't they? Might not be an issue for most people. If you're a US or a Canadian trader, probably best to avoid any prop until the dust settles. At best, this type of prop is a legally gray area in the US. We love our ...
- loom replied Aug 31, 2023
That article about FINRA notwithstanding, MFF just states "commodities regulator in the United States". Sounds like CFTC instead of SEC, and maybe the FINRA expansion has nothing to do with this. Also, that new FINRA rule hasn't taken effect yet, ...
- loom replied Aug 31, 2023
Check it again, you'll find this:
- loom replied Jun 21, 2022
That was a Cloudflare issue. I think Oanda uses Cloudflare - was getting the 500 error. Cloudflare issue seems to have been resolved, but still can't login to Oanda, and TradingView has no real time data for Oanda (checked a couple other brokers on ...
- loom replied Dec 6, 2021
Same. Waiting for an email to unblock my account. No idea what's going on, but we're not the only ones: url I can log into MT4, but don't have anything in that account.
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