||Apr 5th, 2012 09:22 AM
I think they're a sub of a CBSX b/d. CBSX firms are not registered with FINRA. FINRA is a different SRO and regulates mostly retail firms.
I personally have never dealt with them but they've been around a while. If they require a series 56, they are operating legally and your account will be registered with a heavily-regulated broker-dealer. If the accounts are off-shore and they are operating out of the US, then you may want to do your due diligence prior to selecting a firm to trade with.
disclaimer: I have no experience with the group. I have never traded with them and I'm not affiliated in any way, shape, form, scope or measure. Just putting out the facts.