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RE: Question to Legal Eagles



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I'm no legal eagle but where CTAs are concerned, giving advice to less than
15 people, not charging for it, and not marketing yourself as a CTA would
obviate the need to register with NFA/CFTC.

So I guess the answer to your question ought to be no, on that reasoning.

Rus

-----Original Message-----
From: Alexander Levitin [mailto:alevitin@xxxxxxxx]
Sent: 03 June 1999 02:31
To: omega list
Subject: Question to Legal Eagles


Dear Comrades:

This is to our Legal Eagles of ex-ones. Does telling your friend that
you made a trade (or planning to make a trade) in your own IRA account
constitute given trading advise? What if your friend will follow your
trade and buy (sell) for himself using your timing and direction?

Comrade Alex.