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Correction to the posting below...
I am compensated by a percentage of the monthly net gain on the account, not
on a "per trade" basis. I mis-used the word commission (whoops!)
Doug
> -----Original Message-----
> From: Doug Forman [mailto:doug@xxxxxxxxxxx]
> Sent: Friday, April 23, 1999 9:44 PM
> To: countach@xxxxxxxxxxxxxxxx; omega-list@xxxxxxxxxx
> Subject: RE: Family Trading omega-list@xxxxxxxxxx
>
>
> Don,
>
> I trade both my own account, and the account of a friend. The
> brokerage made me sign a slip that I was exempt from registering
> as a CTA "because I did not hold myself out to be a CTA and did
> not advice more than 13 people." I am compensated (commission)
> for the trades I make for my friend.
>
> Doug
>
> > -----Original Message-----
> > From: Don C [mailto:countach@xxxxxxxxxxxxxxxx]
> > Sent: Thursday, April 22, 1999 9:59 PM
> > To: omega-list@xxxxxxxxxx
> > Subject: Family Trading
> >
> >
> > What are the rules on trading other people's accounts?
> > (With their permission, of course.)
> > Does one need to be registered or something?
> >
> > donc
> >
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