While they may not have been stealing customer funds and in their minds running an honest business, they were still an unlicensed broker/dealer...
So you know, inside scoop on this is that Tuco never actually extended a per share rate that low, but had a very large lot trader on a per ticket...
By the way, if it helps any, when you join a "Real" Exchange Member Broker Dealer Prop Firm such as the ones you mentioned, you are subject to the...
Those firms register with the SEC and become a member of an exchange, such as the PHLX, NAZ, ARCA, etc... By doing that there are specific...
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