Registered: Apr 2009
03-14-11 04:27 PM
No government regulation is required beyond current fraud laws.
First, I can't imagine "selling" my trading system to anyone. It took thousands of hours to develop. Why would I want to waste time with students?
But let's say there actually is a trader who's willing to share his/her method for a price. All you have to do is ask to see real-time brokerage statements and call the broker to confirm. If a teacher/seller isn't willing to provide brokerage statements and permission for you to confirm results, then why on earth would you hand over your hard-earned money? Do you really need a government regulator to do something that you can do yourself?