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Non-Tech : Interactive Brokers / Timberhill -- Ignore unavailable to you. Want to Upgrade?


To: Hank Scorpio who wrote (8841)12/9/2011 6:07:19 PM
From: Mario :-)  Respond to of 9012
 
I'm going to Fidelity. They don't have that re-hypothecation thing. I listened to Jim Puplava (google financial sense newshour) interview, and he feel good with them also.



To: Hank Scorpio who wrote (8841)12/10/2011 1:31:04 AM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 9012
 
There's a thread on this at another site, including comments directly from IB reps and (apparently) names of a couple of firms that maybe don't do this.

elitetrader.com

Personally, I'm in the "cautious" camp, but not the "freaked out" camp. At the end of the day, no matter what documents say, our money is in someone else's hands. I think the old adage about not having more at risk than you're willing to lose is still the most fundamentally sound advice to heed.

All just IMO, etc.