Tuco update assets frozen permanent receiver

Discussion in 'Prop Firms' started by wtf, Mar 18, 2008.

  1. wtf


  2. gimp570


    anyone want to tell me what this means??

    i am a dope!
  3. wtf


  4. Looks like the're finished.
  5. cstfx



    both links work.
  6. looks like they made a deal.
  7. new$


    if you're making money trading you are not a dope.
    it means the company tuco is toast.
    try to find an honest affordable attorney before you need one.
    good luck
  8. lol it looks like tuco had done something wrong and settled. looks like the court seized all there accounts and will distribute everything. also they must give back profits. does this look like an agreement an innocent person would make?
  9. absofuckinglutely!!!! with the lawyers fees piling up exponentially.. how long can they fight?

    i am sure the SEC gave up something to settle this quickly.

    i would like to hear Sir Larry comment on this... so far he seems to be the only one that understood what was really going on.
  10. The Securities and Exchange Commission announced today that on March 4, 2008, it filed an emergency action against Tuco Trading, LLC, an unregistered securities day-trading firm in La Jolla, California, and its principal, Douglas G. Frederick, charging them with violations of the broker-dealer registration and antifraud provisions of the Securities Exchange Act of 1934.

    Unregistered. Anyone who lost money was asleep at the wheel...
    #10     Mar 19, 2008