Registered: Mar 2002
07-17-12 11:59 PM
Quote from ScalperJoe:
Hi Mav, "going under" is perhaps an overstatement. According to FINRA's broker check, FNYS is listed as "active". In their latest SEC filings, FNYS listed 4 billion in assets, 90 million in member's equity, and lease agreements through 2015, certainly things that suggest that a firm is not "going under" for now.
If I'm not mistaken 3 of the 4 partners have left as well as several top traders. And PFG looked like they were doing well too according to their filings. I will never believe another filing again the rest of my life. Follow the partners I always say.