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Re: Hotsprings post# 34729

Tuesday, 12/08/2009 3:30:15 PM

Tuesday, December 08, 2009 3:30:15 PM

Post# of 135080
This Is All True Scottrade and TD can not buy HESG shares....Etrade Can

This Rodger Conrols over 75% -80% Scottrade, and also has good friends over at Knght Trading
Group.... The leading source of off-exchange liquidity in U.S. equities and have greater share volume than any U.S. exchange. Knight’s average daily U.S. equity share volume of 3.5 billion through the first half of 2008 far exceeded that of the NYSE and NASDAQ which averaged 2.4 billion and 2.3 billion respectively.†

The Weird thing is I find Rodger everywhere except over on NITE's website
http://www.knight.com/investorRelations/corporateGovernance.asp

Rodger O. Riney
Founder, President, Chief Executive Officer
Scottrade, Inc.

ABOUT RODGER O. RINEY
Rodger O. Riney (60), Director of the Company, has served on the Board of the Company since the Company's initial public offering and, before that, as an advisory board member of Roundtable since March 1995. He is the President of Scottrade, Inc. ("Scottrade"), a discount brokerage firm he founded in 1980. In 1969, he joined Edward Jones & Co., a brokerage firm, and in 1975 became a General Partner of that firm. Mr. Riney received a B.S. degree in Civil Engineering in 1968 and an M.B.A. in 1969, both from the University of Missouri-Columbia.

PROFESSIONAL BIOGRAPHY
Organization Position Status
Scottrade, Inc. Founder, President, Chief Executive Officer Current
Knight Trading Group, Inc. President Current
Knight Trading Group, Inc. Board of Directors Current
Edward Jones General Partner Former
University of Missouri Masters In Business Administration Former
University of Missouri-Columbia M.B.A Former



AS NITE's website states this would be a...

2. Conflicts Of Interest
Employees, officers and directors are expected to make or participate in business decisions and actions on behalf of the Company based on the best interests of the Company, and not based on personal relationships or benefits. Conflicts of interest can compromise our business ethics. Employees are expected to apply sound judgment and to ethically handle conflicts of interest with the Company. A "conflict of interest" exists when a person's private interest interferes in any way with the interests of the Company. A conflict situation can arise when an employee, officer or director takes actions or has interests that may make it difficult to perform his or her Company work objectively and effectively. Conflicts of interest may also arise when an employee, officer or director, or members of his or her family, exploit the relationship with the Company for personal gain.

Employees and officers should not be employed by, nor serve in any capacity with, any company that competes with Knight. Without prior written approval from the Legal and Compliance Department and the Human Resources Department, you may not do business with, or be employed by, serve as a director of, or represent a company or anyone else who does business with Knight, including Knight's suppliers. If you are an officer or employee of Knight, you may not accept a directorship of another corporation (other than a subsidiary corporation or affiliated entity) unless approval has been obtained from the Legal and Compliance Department.

Employees and officers may not own an interest in a company that competes or does business with Knight without the prior written approval of the Legal and Compliance Department and the Human Resources Department. However, it is not considered a conflict of interest (and therefore prior written approval is not required) to make investments in competitors, clients or suppliers that are listed on a national or international securities exchange so long as the total value of the investment is less than 2% of the outstanding stock of the corporation and the amount is not so significant that it would affect your business judgment on behalf of Knight.

Employees are expected to disclose to the Company any situations that may involve conflicts of interest affecting them personally or affecting other employees or those with whom we do business. After full disclosure, approval of conduct or transactions that create, or appear to create, a conflict of interest may be made by prior written permission from the Legal and Compliance Department and your supervisor, which may be rescinded at any time.

Members of the Board of Directors have a special responsibility because our directors are prominent individuals with substantial other responsibilities. To avoid conflicts of interest, directors are expected to disclose to their fellow directors any personal interest they may have in a transaction in which the Board is involved and to recuse themselves from participation in any decision in which there is a conflict between their personal interests and the interests of the Company. This paragraph shall also apply to our executive officers.

Conflicts of interest may not always be clear-cut, so if you have a question, you should consult with higher levels of management or the Company's Legal and Compliance Department. Any employee, officer or director who becomes aware of a conflict or potential conflict should bring it to the attention of a supervisor, manager or other appropriate personnel or consult the procedures described in Section 16 of this Code.

Two Moves to Check Mate.....
1) BREAK THE WALL AT .0013
2) TRANSFER OR CERTIFY YOUR HESG SHARES TO NEW BROKER, IF YOU CAN NOT BUY.