![]() You must also take into consideration that some of those candidates took the Gauntlet™ more than once, but that is still an extraordinary number that we are proud of. ![]() Regarding the percentage of passing candidates, I can tell you candidly that as of January 23rd, 2019, 21.1% of all candidates who signed up for the Gauntlet™ were funded. I understand very well my obligations toward the NFA and we bring the same strictness and oversight to our management of Earn2Trade. We went through nearly two years of setup and tremendous expenses to get our educational courses and legal structure secured to ensure that everything was acceptable to our legal team. You spoke about a CTA having regulatory obligations, and I can speak to that as well since I run a CTA and am licensed by the NFA. There isn't meant to be any smoke and mirrors behind it, and while I can't speak to others in our industry we don't try to hide anything that wouldn't give us a disadvantage against our competitors. There is a split between the two companies because the two companies have two different business models. The business model of the prop firm is to filter through the Gauntlet™ candidates to get the best traders that will grow its business. ![]() This is the business model of Earn2Trade. The business of Earn2Trade is to make money selling educational resources and to make money on the testing fees.
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