Series 3: 7.5.1. Prohibited Activities

Taken from our Series 3

7.5.1. Prohibited Activities

A commodity trading advisor may not receive customer funds in the trading advisor’s name, unless the customer is a registered FCM or swap dealer. Customer funds for trading by a CTA must be deposited in the name of the customer’s FCM.

CFTC Regulation 4.30

Example: Donald Slump, a CTA, accepted $200,000

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