Limited Power of Attorney: Trading managed Account USA

[trendme]

I am a US citizen who manages Forex accounts with several brokers outside the USA.

In the past, there has never been any special requirements to manage accounts.

Each broker has a Limited Power of Attorney contract; (in attachment) that allows trading access to the account manager.

A Commodity Trader Advisor (CTA) is not needed to manage accounts, or to have an affiliation from a regulatory body. In America, we have the national Futures Association (NFA) for a regulatory body.

I am trying to obtain Legal proof from a lawyer or audit firm, to vouch for these facts as this information is vital for Dukascopy Approval. There has not been any changes in law ( that I know of) that require a license or a regulatory body identification.

The LPOA has been sufficient for several brokers, however Dukascopy has become a Swiss bank within the last few months and their policies has become different that other brokers.

Any suggestions, facts, links, would be greatly appreciated.

-Will

I have attached several LPOA.

My Interest is with Dukascopy and not the attached brokers LPOA.
TDFx-POWER-OF-ATTORNEY.pdf

I could not upload the PDF due to the file size restrictions

[trendme]

What Does Commodity Trading Advisor - CTA Mean?
An individual or a firm, registered with the Commodity Futures Trading Commission, that receives compensation for giving people advice on options, futures and the actual trading of managed futures accounts. Registration for CTAs is done through the National Futures Association, a self-regulated organization responsible for reviewing and accepting registrations.


Investopedia explains Commodity Trading Advisor - CTA
Registration for CTAs is required under the Commodity Exchange Act, which was passed in 1936 to better oversee the futures and options markets. Registration is required for any individual or firm profiting from the advice they give, unless they have not provided more than 15 persons with advice over the last year and they do not advertise themselves as a CTA. There is also no required registration if the individual or firm is a registered investment.

[rogjack]

These is really one of the great to share with us. A person or company registered with the Commodity Futures Trading Commission, which receives a fee for giving advice on options, futures and real exchange managed futures accounts. Registration for CTA is performed by the National Futures Association, a self-regulatory organization responsible for reviewing and accepting registrations.

[mantukins]

Registration for CTAs is necessary below the Commodity Exchange Act, which was handed in 1936 to far better oversee the futures and choices markets. Registration is necessary for any particular person or agency profiting from the suggestions they give, except they've not supplied a lot more than 15 individuals with suggestions during the last yr and so they don't promote themselves like a CTA.

[ricklaver]

These all information which you can share over here is really very fantastic. A person or company registered with the Commodity Futures Trading Commission, which receives a fee for giving advice on options, futures and real exchange managed futures accounts.

[renjie456789]

Yeah. It’s good to be yourself. Same with you, I will try to do something. So I support your decision!