As probably a few of you know the Tuco situation is not an anomaly. I have a trader friend who has also been running an LLC business for several years now. They have actually been around much longer then Tuco however they were much smaller and did not go out of their way to recruit new traders. Anyway they too were recently contacted by the SEC and ended up shutting down their LLC prior to anything of significance happening because they knew it was coming. Like I said they were relatively small compared to groups like Tuco and were forced out of business. So like others suggested if you are still trading under a model like this I would highly suggest pulling your money out and looking for alternatives instead of thinking Tuco was an anomaly and targeted to be made an example of. This model is dead and you are just gambling if you continue to trade under an LLC model like that.