New Resource Library

Introducing the Trading Technology Legal Hub

97 comprehensive guides covering everything trading platform founders need to know about SEC, CFTC, FinCEN, and state regulations. Free, detailed, and built for builders.

By Sergei Tokmakov, Esq. September 2025 20 min read
97
Comprehensive Guides
10
Regulator Categories
5
Jurisdictions Covered
100%
Free Access
📚

Why This Hub Exists

Building a trading platform means navigating a maze of overlapping regulators. This hub is your map.

💥

The Problem

Trading technology sits at the intersection of securities law, commodities regulation, money transmission, and anti-money laundering rules. Miss one requirement and you're facing enforcement action, fines, or worse.

The Solution

One comprehensive resource that covers all the regulators, all the requirements, and all the edge cases. Written by an attorney who's helped dozens of trading platforms navigate this landscape.

💡

Who It's For

Founders building algo trading platforms, copy trading apps, robo-advisors, crypto exchanges, and any technology that touches financial markets. From pre-launch to scaling.

🔔 What Makes This Different

This hub is built by a tech lawyer who is also an active trader. I've traded futures, options, and crypto. I've built trading tools. I understand the difference between a market order and a limit order, between spot and perpetuals, between a stop-loss and a trailing stop. When I write about algo trading compliance, I'm not just citing statutes - I'm explaining what they mean for the code you're actually writing.

📂

What You Get

97 guides organized into 10 categories, plus interactive tools and checklists.

📝

Registration & Licensing

Broker-dealer vs RIA analysis, CTA/CPO registration, state money transmitter requirements, FinCEN MSB registration. Every path explained with step-by-step timelines.

Start with BD vs RIA →
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Jurisdiction & Structure

SEC vs CFTC jurisdiction flowcharts, hybrid regulatory strategies, custodial vs non-custodial analysis, DAO legal structures. Know which regulator has authority.

SEC vs CFTC Guide →
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AML & Compliance

AML program requirements, KYC/CIP implementation, SAR filing, CTR obligations, travel rule for crypto, OFAC sanctions screening, beneficial ownership.

AML Program Guide →
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Crypto & Digital Assets

Howey test deep dives, token classification, stablecoin regulation, NFT securities analysis, DEX regulatory status, smart contracts as securities.

Howey Test Guide →
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Contracts & Templates

Platform terms of service templates, API licensing for trading data, user agreements, GDPR/CCPA compliance, insurance requirements, founder equity structures.

TOS Template →
🎯

Launch Playbooks

Algo trading launch checklist, token launch playbook, broker partnership guide, first 100 users legally, SEC RIA registration kit, CFTC CTA startup kit.

Launch Checklist →

📈 Every Guide Includes

Regulatory breakdown - Which agencies have jurisdiction and what they require.
Compliance checklist - Actionable items to check off.
Real examples - How other platforms handled it (and enforcement actions when they didn't).
Timeline estimates - How long registration and compliance typically takes.
Cost ranges - Budget expectations for legal, filing, and ongoing compliance.

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How to Use This Hub

Start with your platform type, then follow the compliance roadmap.

1

Identify Your Platform Type

Are you building a robo-advisor? Algo trading platform? Copy trading app? Crypto exchange? Each has different regulatory requirements. Start with the Broker-Dealer vs RIA or SEC vs CFTC Jurisdiction guide to map your regulatory landscape.

2

Determine Custody Model

Do you hold customer funds or assets? This single question changes everything. Review the Custodial vs Non-Custodial guide and understand how custody affects money transmitter, broker-dealer, and qualified custodian requirements.

3

Map Your Registrations

Use the hub's jurisdiction guides to determine which federal and state registrations you need. SEC/FINRA? CFTC/NFA? State money transmitter licenses? FinCEN MSB? Most platforms need 2-4 registrations minimum.

4

Build Your Compliance Stack

Once you know your registrations, work through the compliance guides: AML program, KYC implementation, recordkeeping, advertising rules, suitability requirements. The Algo Trading Launch Checklist ties it all together.

5

Use the Workbench Tools

The Interactive Workbench helps you configure your platform's regulatory profile. Input your features, custody model, and target markets - get a customized compliance checklist and registration roadmap.

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All Guide Categories

97 guides across 10 categories. Click any guide to read.

View All 97 Guides →
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Interactive Workbench

Configure your platform's features and get a customized compliance roadmap.

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Platform Configurator

Input your platform type, features, custody model, and target markets. The workbench generates a personalized list of required registrations and compliance steps.

Open Workbench →
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Jurisdiction Mapper

Select your platform's features and see which regulators have jurisdiction. SEC? CFTC? Both? Neither? The mapper shows exactly who's watching and why.

Map Jurisdiction →

Compliance Checklists

Downloadable checklists for each registration type. Track your progress from initial application through ongoing compliance obligations.

Get Checklists →

💡 Pro Tip: Start with the Decision Tree

Not sure where to begin? The workbench includes a decision tree that asks simple questions about your platform and directs you to the right guides. It takes 5 minutes and saves hours of research.

Frequently Asked Questions

Common questions about the Trading Technology Legal Hub.

Is this legal advice?

No. The hub provides educational information about trading technology regulations. It's designed to help you understand the regulatory landscape and ask the right questions. For advice specific to your situation, consult with a securities attorney.

Why is this free?

Two reasons. First, I believe founders should understand the regulatory landscape before spending $50K+ on legal fees. Second, founders who use this resource often become clients for implementation work - custom filings, ongoing compliance, exemption analysis.

How current is the information?

Guides are updated as regulations change. Each guide shows its last update date. For rapidly evolving areas (crypto, AI), I prioritize keeping those guides current. If you notice something outdated, email me.

What if my platform doesn't fit the categories?

Most platforms are hybrid - they touch multiple regulatory regimes. Start with the Hybrid Regulatory Strategies guide. If you're still stuck, use the contact form and describe your platform.

Can I hire you for implementation?

Yes. I help trading platforms with registration applications, compliance program development, ongoing advisory, and regulatory response. Book a consultation to discuss your project.

Do you cover international regulations?

The hub focuses on U.S. regulations but includes guides on MiFID II (EU), FCA (UK), MAS (Singapore), ASIC (Australia), and CSA (Canada). Cross-border marketing and offshore structuring are also covered.

Ready to Navigate Trading Regulations?

Start with the hub. When you need hands-on help with registration, compliance, or regulatory strategy, I'm here.