Can anyone tell me about Ocean View and also they said the money I deposit cannot be withdrawn till a year later due to some SEC rules. Can someone Please clarify. Thanks
who exactly told you that? here is more info on oceanview http://www.elitetrader.com/vb/showthread.php?threadid=166401
I was just re-reading one of my post. I saw my edit never went through. I guess it works out like this Oceanview is subject to SEC rule 15c (under the rule, all capital contributions will be held for a minimum of one year from the date of contribution and can only be withdrawn after the one-year anniversary date of the contribution.