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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: TraderAlan who wrote (12231)3/9/2001 9:34:07 PM
From: Knyyt  Respond to of 18137
 
<<I have the same problem and am hoping to see some legal filings against it. >>

I am also hoping for this. Anyone know what positions the industry( Brokers,daytrading firms, etc ) are taking on this?

Regards,
Knyyt



To: TraderAlan who wrote (12231)3/9/2001 9:44:55 PM
From: KymarFye  Read Replies (1) | Respond to of 18137
 
I dunno - the change sounds like a good idea to me. I was worried that they were going to go in the opposite direction on margin. Heck, the idea of doubling my overall leverage has got me thinking about hiring an assistant.



To: TraderAlan who wrote (12231)3/9/2001 11:05:09 PM
From: Dominick  Respond to of 18137
 
The compliance department's responsibility is to insure compliance thru-out the firm. And have a ready answer for any questionable matters.

Audits are a viable weapon. They could literally bog down or halt a business with the cost of excessive paper and personnel demands. An aggressive attorney will be needed to go eye-ball to eye-ball with Mr Wally Cox the auditor to insure the firm is not financially hindered with excessive demands.

Wally Cox?? I think I just dated my self.