Sunday, October 15, 2017

3 day training course on trading

Many promoters charge $3,000 to $5,000 for a 3 days courses purported to give training on futures and options trading.

A case was heard in the Small Claim Tribunal in 2010 on such a course. The report of the hearing in the SCT give an interesting insight into what happened in the 3 day course.

The SCT ruled that the organizer had to refund back the fees paid less $885, which it considered to be the "fair value" of what was taught.

Before you sign up for a similar course, you should read about this case.
http://www.fisca.sg/ArticleDisplay.aspx?ID=527

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