I already asked Magna and he said he didn't delete it... So Joe/Baron, what happened to the "Looks like Tuco is having legal issues" thread??? - mnx
That Tuco discussion was one of the most important threads to appear on ET all year. I STILL frequently encounter people who wish to make trading stocks their full time career, yet think that getting their series 7 is optional, not mandatory. Deleting such a key thread constitutes a major disservice to all of us.
It still IS optional, and should stay that way. If I want to pool money with other traders into a retail or prime acct (without getting a 7), and pay the guy who takes care of all the logisitics a fee too do it, under current law, I should have the right to do so. Just, apparently, can't call that fee "commissions" anymore. But I also strongly agree with you, that was an exceedingly important thread for the direction of the industry in general and most importantly the discussion of the jurisdiction of the sec wrt to private agreements between traders and within private companies. The importance of that thread went way beyond Tuco. Would really like to hear a comment from Baron as it appears he is the one that deleted it. That type of censorship does more harm than good to the community you provide a forum for.
very suspicious. the thread was closed and reopened and now its gone. maybe other llc's that advertise like jc trading asked for it to be closed as it puts them in a bad light.
FWIW you can still see the first and last page of the thread on google cached pages. http://209.85.173.104/search?q=cach...0153+looks+like+tuco&hl=en&ct=clnk&cd=1&gl=us