Forex Trader

[xcorporation]

Hi There,

If i want to perform capital markets trading for the retail sector.
Do i need to register as a credit provider or anything else?

I do not handle any cash / credit transactions what so ever.
Only get paid commission on profits in my account with the broker.

[xcorporation]

Mailed a dozen government enitities this week.

sounds more like i GAVE them a reason to build a new legislation about capital markets than anything else

Oh well ... :-)

[HR Solutions]

WTF are u on about ????

[xcorporation]

i would love to reply. But probably would give more ideas for the government to act on.

[HR Solutions]

Lol ...........

[Dave A]

WTF are u on about ????

Gee, someone didn't get it all this morning

(Not really referring to one post - I can't help but notice they're all pretty grumpy today, HR).

[HR Solutions]

Lol no but serious Dave , have u read these posts .....

[Dave A]

have u read these posts .....

Yeah. They're not exactly going to set the world alight...

But when not much is happening I just go for a nap on my Sunday afternoons

[HR Solutions]

It provides for some entertainment .......... A good laugh

[Dave A]

The folks on the receiving end might not find it quite so funny though. Especially the newbs...

[HR Solutions]

Mailed a dozen government enitities this week.

sounds more like i GAVE them a reason to build a new legislation about capital markets than anything else

Oh well - we are on the receiving end of this .............

[sterne.law@gmail.com]

I would suggest that with thelse sort of sums you should approach an attorney who specialises in these transactions to advice you.
The cost will be worth it and you could get a tax write off.

[Hermes14]

Hi There,
Do i need to register as a credit provider or anything else?
.

I don't see the logic it that.
You aren't a business so why do you want to register as a business?
Good luck to filling some civil servant's back pocket with your hard earned cash.

[Dave A]

I suspect the main piece of relevant legislation that has to be met would be the Financial Advisory and Intermediary Services Act of 2002.

[xcorporation]

Thank you very much Dave and Anthony !!!!