WTF?? US investors are bound by the rules of any securities regulator of any country that says they have to? Even if those investors don't even trade in that country?
That's not their problem. Let's say you for some reason trade in India. Do you have to report those trades to the SEC? Of course not. You DO have to report any money you make to the IRS, but that is a different matter.
After all, different countries have different laws. If you win the lottery in Canada, and are a Canadian citizen, you won't have to pay any tax on the money you won. The same is true of many countries the world round. But it is not what happens here.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.