Things that are being said are true in any business. The last guy said, how would you like a fresh surgeon out of school? That's what happens...
Vincent, thanks, ur answer sums it up. There is a cost to safe guarding assets, there is also a cost to segregation, why do u think prime brokers...
This just does not seem that hard. Why can't an fcm have sub accounts at their bank for each customer and provide full daily transparency to the...
What exactly is the point here? A company hires college graduates? The same can be said for any public accounting firm, bank, fortune 500 company....
Grand lux- that is idiotic. Life sentences? I guess I will call on that the next time one of my ctas loses money in a up market u moron....
Lincoln and brocklanders, you are missing my point. People expect the regulators to protect their money and forsee fraud before it happens. Yet...
Offer regulators significant bonuses, such as percentage of fraud uncovered or penalties imposed, and see how regulation changes. People will be...
With respect to to mf global, why has nobody pointed a finger at the cme? They had more onerous responsibility with respect to oversight than the...
Also let's not forget who actually committed the crime. I am shocked that people are not calling for his head along with the employees of the...
People are losing site of the fact that Nfa did uncover this. who ever prevented a fraud before it started? Anyone who invested in a cta or cpo...
Some questions/points I would ask are as follows: 1) Who were PFGâs auditors? Did they not verify the balances either? 2) While many of...
What is the nature of the complaint? Equities needs to go through FINRA, Futures will go through NFA. NFA is generally good in responding,...
You have a tough road ahead of you if you thought that was negative advice. For what its worth in all reality you don't need a car in Chicago,...
Why don't you learn some humility and take a lesson from Monroe Trout? It is rumored that the guy drove a beat up hand me down Oldsmobile during...
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