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Are
the Tracked Advisors Rated?
(June 30, 1999)
"I just found your
site and am considering a subscription. Are the advisors you rate registered?
I have been told to only deal with registered advisors. Thanks for your help.
Regards, " J.B. Editor-in-Chief
Courtney Smith: Thanks for the interesting question. Actually, very few of
the advisors are registered. There is no requirement for people who are publishing
newsletters or fax services to register. However, people who manage other people's
money are required to register. We do not believe that registration is a good
protection against fraud. Virtually all the biggest frauds in futures history
have been done by people who are registered. One of the reasons that CTCR exists
is to separate the wheat from the chaff. Advisors can claim all they want about
their track records but we are the only ones that keep an independant record of
their performance. The government does not do that and that is what is important
to make sure you are not ripped off. |
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| COURTNEY
D. SMITH IN THE MEDIA | |
| LATEST
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Scale
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Packed
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