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Non-Tech : MB TRADING

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To: scanshift who wrote (4123)2/28/1999 3:52:00 PM
From: SeasideHeights  Read Replies (1) of 7382
 
"Terra Nova's biggest branch office is MB Trading in El Segundo. Ross Ditlove runs the office, according to Putnam, and he answers customers' questions about MB Trading on the Internet. He also promotes the company to potential clients. He is not, however, registered with securities regulators, a requirement for any individual who deals closely with brokerage customers."

Heads of trading firms don't have to be registered?
That's news to me.
How are we supposed to tell if a firm is legit?
There's a ton of trading firms out there on the web.
Most of them seem to be very small.
Now I'm thoroughly confused how to even make an informed decision.
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