. . . My comment was never directed to you but you and Big T! are supercilious . . . keeping after cysec can not do anything . . . but if people stop investing with cysec regulated firms ,it will simply have to take action for the simple reason that cyprus earns huge cash through investing activities .
res123,
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There is no doubt that the starving governments of Greece and Cyprus will do almost anything to survive, and have.
The ignorant investing public needs to see examples like these, in order to make obvious that reality.
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That in no way negates the fact that CySec has a very detailed responsibility to fullfill and document their regulatory responsibilities, in order to remain a member of the EU; and their possible expulsion has never been nearer.
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You may consider yourself so sophisticated as to understand this reality intrinsically; but many here are not, and do not.
Recognize you are generally speaking to a poorly informed and often victimized public; not a well-heeled gaggle of preening trader geese enroute to a winter retreat after a summer of engorgement.
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Do you really think a Registered CTA is unaware of the obvious inadequacies of CySec?
Do you really think my advice is to deceive the hopeful victims?
Did you ever consider that what I am trying to do is document the inadequacies?
That the record of these victim filings has more than one purpose?
Not only is it to try to achieve justice for the victims; but if unattained, these complaints form a basis for severe sanction of the Regulator, under the rules of the EU!
Should I call YOU a fool for not having undertstood; as you did others?
Maybe I should. That answer depends on you.
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AI
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PS: I am "BigT1" to you, not "Big T!"; please address me correctly as such.
To all others, I am:
Anthony Ingrassia, CTA
NFA ID#: 0278164