Futures For You by Carley Garner
CANADIAN CUSTOMERS AND ANTI-COMPETITIVENESS
Why won’t most US commodity brokers accept Canadians as clients?
When I entered the commodity brokerage industry in 2004, opening an account for a Canadian client required a little more paperwork but it was possible. In fact, we had a number of clients in nearly all parts of Canada. At the time, Canadian regulations were hinting at an anti-competitive stance but the country’s government was still giving its citizens the option to seek out US brokers to open trading accounts ...