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Non-Tech : Waterhouse Securities -- Ignore unavailable to you. Want to Upgrade?


To: Cisco who wrote (1908)3/6/2000 5:20:00 PM
From: Proton  Read Replies (1) | Respond to of 2076
 
Re: SEC Member of SI

Good idea, Cisco. The folks at the SEC are inundated with fraud cases, but they should know about shenanigans at Waterhouse and other e-brokers.

The sorry state of on-line brokerage threatens investor confidence. When we get a high-volume sell-off, brokers like TD Waterhouse will resemble heavy furniture blocking the fire exits.

Be loud!

P.

p.s. [OT} Every trader of stocks (whether for one minute or one decade) ought to read last Friday's Wall Street Journal piece on the dominant role of Knight/Trimark in discount brokerage order flow.