Tuco update

Discussion in 'Prop Firms' started by drukes1234, Jul 10, 2008.

  1. jazzsax

    jazzsax

    Well, if you had a series 7 and were with a firm that followed the rules, you wouldn't have had the problem....

    doesn't change the fact i think the rules are a bit retarded, but they are there regardless.
     
    #11     Jul 11, 2008
  2. gimp570

    gimp570


    is there any action that Tuco traders have to do to get there money back?? Like fill something out...or just be cool and wait??
     
    #12     Jul 11, 2008
  3. Daal

    Daal

    how do you know its 40%?I think the judge could press the receiver to send more
     
    #13     Jul 11, 2008
  4. jazzsax

    jazzsax

    highly unlikely. the judge looks at the receivers reports and most often, unless it is a case of HUGE importance, or large disagreement with the reports, they typically just rubberstamp the requests.
     
    #14     Jul 11, 2008
  5. the receiver is in place for a reason. He handles all. The judge will go with whatever he says. Thats for sure.
     
    #15     Jul 11, 2008
  6. gimp570

    gimp570

    is there any action that Tuco traders have to do to get there money back?? Like fill something out...or just be cool and wait?? [/QUOTE]
     
    #16     Jul 11, 2008
  7. bump
     
    #17     Jul 11, 2008