|
PureBytes Links
Trading Reference Links
|
Seth,
Although the answers to your questions are quite intricate and
relatively long, suffice to say that one has to register with either the
NASD or the NFA to run a hedge fund. There are some exemptions, but
they're too restricting to bother with in my opinion particularly as
that is counter to the focus of regulation. Fwiw, registering with NASD
offers far more flexibility.
Colin West
-----Original Message-----
From: Sethw2@xxxxxxx [mailto:Sethw2@xxxxxxx]
Sent: Friday, May 23, 2003 12:55 PM
To: omega-list@xxxxxxxxxx
Subject: Managing customer money...
Slightly off topic... I have been a proprietary trader managing firm
capital for a broker dealer, and am now considering starting my own biz
and taking in customer money. The question is, can I start a hedge fund
and trade a combination equities, options, and futures or does the
introduction of futures require CTA/CPO registration? Are the any
exemptions i.e. qualified investors so that I can include futures in the
mix without being a CTA/CPO? I know I can run a hedge fund without any
registration if I just trade equities, but I was wondering about
throwing e-mini's into the mix.
TIA,
Seth
|