Why are our securities regulators hindering large reputable companies like Interactive Brokers and Tradestation from setting up business in Canada. They're supposed to be protecting investors but from my perspective they're hindering me from learning and using Tradestation. I found here on Elitetrader, someone recommending a trader advisory service with an Ontario address. The company posted returns of over 100% for one month which if it's true, sign me up right away! I should be able to retire in 6 months! However I'm a little skeptical when the Elitetrader username of the person recommending the service and the Contact name on the company's website is almost the same. My point is I've read about many cases where the Securities and Exchange Commision in the US will take a company to court if they make false claims about historical returns. Are our Ontario regulators doing their job of protecting investors or are they protecting something else?
Someone told me that Canada's securities industry has very high standards compared to the Americans. He said, look, they have Enron and Martha Stewart. I replied, "that's my point exactly, our regulators aren't exposing the Enrons and Martha Stewarts as much as they should" http://regulators.itgo.com/PI/419.htm http://regulators.itgo.com/PI/Public_Interest.html
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