A multi-stage roadmap to build the definitive legal resource for trading platform founders
The categories, concepts, and keywords this hub covers. Use this as an SEO reference and content planning guide.
Topics where existing legal content is sparse or outdated:
The minimum viable hub to demonstrate value and send to Andrew. Includes the hub landing page, the Workbench shell, 3 interactive tools, and 9 core content pages covering the most critical regulatory questions for algo trading founders.
These pages address the #1 questions Andrew and similar founders ask: "Do I need to register with the SEC/CFTC?" and "How do I structure this to avoid being an investment adviser?"
Main entry point with hero, regulator grid, tool previews, workbench launcher, and navigation to all clusters.
Core InfrastructureTabbed interface with Dashboard, Regulatory Map, Checklist, Tools, Documents, Budget. Persistent project profile via localStorage.
Core Infrastructure15-question decision tree outputting risk score, regulator flags, exemption recommendations, and compliance budget estimate.
Tier 1 Tool"Is this pure SaaS or investment advice?" Compares answers to SEC no-action letters and outputs positioning memo.
Tier 1 ToolSlider-based calculator for legal formation, registration, insurance, and ongoing compliance costs over 24 months.
Tier 1 ToolWhen RIA registration triggers for algo trading platforms. Covers the "investment advice" definition, compensation elements, and business conduct standards.
SEC ClusterThe critical distinction: when does providing trading tools cross the line into investment advice? Analysis of SEC precedent and safe harbor strategies.
SEC ClusterState-only registration, private fund adviser, VC/PE exemptions, and publisher's exclusion analysis for algo platforms.
SEC ClusterWhen Commodity Trading Advisor registration triggers for platforms trading futures, forex, or crypto derivatives.
CFTC ClusterRule 4.14(a)(8), 4.13(a)(3), and other exemptions. When systematic trading doesn't require CTA registration.
CFTC ClusterThird-party access agreements, "managed account" prohibitions in broker TOS, and API key custody implications.
Custody ClusterWhen storing user API keys triggers SEC Custody Rule. Non-custodial vs. custodial analysis for algo platforms.
Custody Cluster2021 Marketing Rule compliance for advertising backtest results, hypothetical performance, and testimonials.
Marketing ClusterPhase-by-phase launch sequence: entity formation, regulatory assessment, compliance infrastructure, go-live checklist.
PlaybookPages requiring nuanced legal analysis, multi-regulatory considerations, novel legal questions, or complex decision trees. These need Opus-level reasoning for accuracy.
These pages involve: (1) novel legal questions without clear precedent, (2) multi-regulator jurisdiction analysis, (3) complex exemption eligibility logic, (4) emerging areas like AI/crypto where law is unsettled, or (5) strategic playbooks requiring judgment calls.
Straightforward reference pages, checklists, filing guides, databases, and templates. These follow established patterns and don't require novel legal reasoning.
These pages involve: (1) documenting existing regulatory requirements, (2) checklists and filing guides with known steps, (3) template documents with standard clauses, (4) database/list pages, or (5) single-topic reference content.
Conversion-focused interactive tools that save to the persistent Project Profile and generate personalized outputs.
15 questions → Risk score, regulator flags, exemptions, budget estimate
SaaS vs. investment advice analysis against SEC precedent
24-month budget projections for legal, registration, insurance
Trader tax status qualification + savings estimate
Paste ad copy → flags prohibited claims, missing disclosures
Analyze broker TOS for custody, execution, data restrictions
Delaware C-corp vs. Cayman fund vs. DAO LLC recommendations
Jurisdiction × services matrix of required licenses
Pre-filled TOS from Project Profile with regulatory disclaimers
CFTC/SEC template library auto-populated from profile
80-item interactive checklist with gap analysis
Select licenses → .ics file with all filing deadlines
{
// Business Model
businessModel: "pure-saas | managed-accounts | prop-trading | hybrid",
handlesCustomerFunds: boolean,
providesInvestmentAdvice: boolean,
// Jurisdictions
incorporationState: string,
targetJurisdictions: array,
// Services
assetClasses: ["equities", "options", "futures", "crypto", "forex"],
providesBacktesting: boolean,
providesSignalMarketplace: boolean,
// Regulatory Posture
currentLicenses: array,
exemptionsReliedOn: array,
// Saved Tool Outputs
riskScore: number,
regulatorFlags: array,
complianceBudget: number,
entityRecommendation: string
}
| Dashboard | Risk gauge, regulator flags, next steps, budget summary |
| Regulatory Map | Visual flowchart: "You are here" → licenses needed |
| Compliance Checklist | Master task list with % complete, priority badges |
| Interactive Tools | All 12 tools with results saving to profile |
| Document Library | Generated TOS, disclosures, memos from tools |
| Budget Planner | 24-month cash flow with itemized compliance costs |
Pages can be built in parallel batches using Claude Code's Task tool. Each batch spawns multiple agents that work concurrently, dramatically reducing total build time.
// Launch 5 parallel agents for Stage 2B Sonnet pages
const batch = [
"FinCEN AML Program Requirements",
"Customer Identification Program (KYC)",
"Suspicious Activity Reporting (SAR)",
"Currency Transaction Reporting (CTR)",
"OFAC Sanctions Screening"
];
batch.forEach(page => {
Task({
subagent_type: "general-purpose",
model: "sonnet", // or "opus" for 2A pages
prompt: `Create the "${page}" guide page for Trading Legal Hub.
Follow the existing page template in /Trading-Legal/guides/.
Use first-person voice ("I", "my practice").
Include: overview, requirements, practical steps, common mistakes.
Add Calendly CTA and link back to hub index.
Match the dark gradient header style.
Add Google Analytics (G-901N2Y3CDZ).`,
run_in_background: true
});
});
Note: Use run_in_background: true for parallel execution.
Monitor with TaskOutput and batch results before starting next batch.
Realistic token usage estimates based on actual measured consumption from Stage 1 work. All figures derived from live Claude Code Max $100/month plan dashboard data.
| Page Type | Model | Count | % of 5hr Session | % of Weekly |
|---|---|---|---|---|
| Core Infrastructure (hub, workbench, index) | OPUS | 4 | ~8% | ~2% |
| Complex Guides (multi-reg, tax, IP, enforcement) | OPUS | 28 | ~1.3% each | ~0.32% each |
| FinCEN/AML Reference (10 parallel agents) | SONNET | 10 | ~29% batch | ~7% batch |
| Contracts & Templates (8 parallel) | SONNET | 8 | ~2.5% each | ~0.6% each |
| International Markets (4 parallel) | SONNET | 4 | ~2% each | ~0.5% each |
| Launch Resources (6 parallel) | SONNET | 6 | ~2% each | ~0.5% each |
| Crypto Reference (2 parallel) | SONNET | 2 | ~2% each | ~0.5% each |
| Misc Remaining Guides | SONNET | 45 | ~0.8% each | ~0.2% each |
| TOTAL PROJECT | Mixed | 97 | ~3 sessions | ~31% |
| Window | Capacity | Est. Opus Pages | Est. Sonnet Pages | Notes |
|---|---|---|---|---|
| 5-Hour Session | 8% of weekly | ~25 | ~125 | Burst limit, rolling window |
| 7-Day Weekly | 100% | ~170 | ~850 | Total weekly capacity |
| Monthly (4 weeks) | 400% | ~680 | ~3400 | Total $100/month value |
| Opus Page (measured) | ~0.36% | weekly |
| Overall Average (all items) | ~0.36% | weekly |
| Sonnet Reference Page (est.) | ~0.07% | weekly |
| Sonnet Template Page (est.) | ~0.05% | weekly |
* Based on actual: 25 items = 9% weekly (0.36%/item avg)
| Session 1: S1 + Batches 1-3 | 8% | ✅ Done |
| Session 2: S2A (6) + S2B SEC+CFTC (14) - 98% session | 10% | ✅ Done |
| S2B Remaining (51 pages) | ~22% | Sonnet |
| Finetuning & Bug Fixes | ~5% | Est. |
| Redesign & UI Polish | ~3% | Est. |
| TOTAL PROJECT EST. | ~30% | weekly |
| Per Opus Page | 80K in / 25K out |
| Per Sonnet Page | 40K in / 15K out |
| S2A (32 Opus pages) | 2.6M in / 800K out |
| S2B (69 Sonnet pages) | 2.8M in / 1M out |
| Input Rate | $5/M tokens |
| Output Rate | $25/M tokens |
| S2A Input (2.6M) | $13.00 |
| S2A Output (800K) | $20.00 |
| S2A Total (32 pages) | ~$33 |
67% cheaper than Opus 4.1 ($15/$75)
| Input Rate | $3/M tokens |
| Output Rate | $15/M tokens |
| S2B Input (2.8M) | $8.40 |
| S2B Output (1M) | $15.00 |
| S2B Total (69 pages) | ~$23 |
Batch API: 50% off ($1.50/$7.50)
Current Pricing (Dec 2025): Opus 4.5: $5/$25/M (67% off from 4.1) | Sonnet 4: $3/$15/M | Batch API: 50% off | Max Plan: $100/mo unlimited