Everyone is asking, "What will prop firms do when regulations come?" Well, what are the chances that they will? And how will it affect you as a prop trader?
Things are slowly unfolding along with other major prop firms based in the US such as MyFundedFx, FundedNext, and TheFundedTrader. Will the US-CA-based prop firms be affected most? Or will everyone be including prop firms based in Dubai and UK?
Everything I say here is based on my experience working on Wall Street for over 20 years - observing how regulators act and whose interests they serve.
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