Thomas Peterffy the chief of Interactive brokers.... https://www.youtube.com/watch?feature=player_embedded&v=UnX7TNFIELg http://www.forbes.com/profile/thomas-peterffy/
Exactly. That's why Obama and the Progressive Movement... Is a SCAM to entrench an all powerful Political and Media Elite... Purely at the expense of the middle class and the poor. The actual rich (not the fake $250,000 "rich")... Will always find a way to game any Socialist System... It's called Crony Capitalism. That's why Soros is worth $50 billion or whatever... While his ex-partner Rogers is worth "only" 1% of that.
Good job TP. Playing politics while your company was in non compliance. May be TP was thinking if the right people got elected, the whole regulatory system will go away. Interactive Brokers Group, Inc. Receives NASDAQ Notice of Non-Compliance with Listing Rules GREENWICH, CONN, May 22, 2012 - Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, announced that on May 17, 2012 it received a letter from the NASDAQ staff notifying the Company that it is non-compliant with NASDAQ Listing Rule 5250(c)(1) because its Quarterly Report on Form 10-Q for the period ended March 31, 2012 (âForm 10-Qâ), filed with the Securities and Exchange Commission (âSECâ) on May 15, 2012, has not yet been reviewed in accordance with Statement on Auditing Standards No. 100 (âSAS 100â), as required by Rule 10-01 of Regulation S-X. The NASDAQ letter also stated that the filing is incomplete because of the absence of the certifications required under Sections 302 and 906 of the Sarbanes-Oxley Act of 2002. NASDAQ Listing Rule 5250(c)(1) requires the Company to timely file all required periodic financial reports with the SEC. The Company is required to submit a plan to regain compliance to NASDAQ by July 16, 2012. If NASDAQ accepts the Companyâs plan, an additional cure period of up to 180 calendar days from the filingâs due date, or until November 12, 2012, can be provided to allow the Company to regain compliance. The Company is making this disclosure in compliance with NASDAQ Listing Rule 5810(b). As reported in the Companyâs Form 8-K, filed on May 15, 2012, the Companyâs Form 10-Q filing was incomplete due to an unresolved question raised by its independent registered public accounting firm regarding the presentation of equity in its consolidated financial statements. The Company intends to promptly seek an interpretation from the staff of the SEC regarding this question. Once the Company receives guidance from the SEC, it expects to produce a final version of its consolidated financial statements for the period ended March 31, 2012, which will enable its auditors to complete their review under SAS 100. At such time, the Company will file an amended Form 10-Q containing the certifications required under Sections 302 and 906 of the Sarbanes-Oxley Act of 2002.
it's stupid dumbass posts like this that make me never want to vote for another democrat again, even though I am a little left leaning. Your single post which shows that you or no other members of your party have a clue about how the real world works has done more harm to the democratic party than all the millions of attack ads against you have combined. I'm sure you are not reading this because you are just a troll (which even makes your party look more pathetic) because this is the second time you have posted a totally ridiculous post for no other reason than partisan politics. The pathetic thing is, you didn't even read the post you posted. It really makes you and the whole democratic party look stupid. You should be more careful, because I am one of the few who is still undecided. But you make it very easy just to go along with Peterfly.
Thank you for your comment, but you seem to be making a lot of assumptions without making a point. If you will like to address the fact that Interactive Broker was in non-compliance with Nasdaq and that Thomas Peterffy seems to be playing politics, which were just my observation, then please continue. I think the person who should really be careful is Thomas Peterffy. If IB had been in non-compliance for much longer and became delisted, he would have lost a lot of customers.
First thought: I knew I was paying a lot in commissions and fees, but not to the extent that it put him #77 on the Forbes list. Second thought: I'm not at all happy about him putting himself out in the public so extensively as CEO of my brokerage, from the standpoint of making the company a security target. It would be a different story if he was CEO of a widgets company, but he isn't.
Hey Tom, put a little of that 4.6B into software development. Perhaps a front-end that allows for the trading of flies on futures.