Ghost of Cutten
Registered: Aug 2009
08-20-12 06:56 PM
Quote from Options12:
Def, you might want to add that the error may have an effect on IBKR's previously reported permanent equity and earnings per share.
I think that the sooner you get this error explained to the public in a complete and plain manner, the less likely it will be that the restated financials will result in negative fallout.
Good luck and I mean that.
Yep. I don't feel it compromises my account safety if IBKR earned a couple of pennies less each quarter because of some GAAP restatement. But if it's some other reason...well, that would be more troublesome. Anyway, good to see it cleared up here soon after the question was asked.