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Pro Trader Definition
Pro Trader Definition

Am I a professional trader?

Haley avatar
Written by Haley
Updated over a week ago

Non-Professional - is any natural person and cannot be a corporation, trust, organization, institution or partnership account.

If you are a professional trader as defined below, please call or email us to discuss membership with BlackBox.

Professional- Any person that meets any of the following criteria:

•Is registered or qualified with: the Securities and Exchange Commission, the Commodities Futures Trading Commission, any state securities agency, any securities exchange or association, or any commodities or futures contract market or association.

•Is engaged as an "investment adviser" as that term is defined in Section 201(11) of the Investment Adviser's Act of 1940 (whether or not registered or qualified under that Act).

•Is employed by a bank or another organization that is exempt from registration under Federal and/or state securities laws to perform functions that would require him or her to be so registered or qualified if he or she were to perform such functions for an organization not so exempt.

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