Home > Boards > Free Zone > Penny Fundamentals > DD Support Board and Research Team

No, but it is possible. And since

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
integral Member Profile
Member Level 
Followed By 224
Posts 27,079
Boards Moderated 5
Alias Born 03/18/09
160x600 placeholder
integral Member Level  Wednesday, 08/14/19 07:51:59 AM
Re: BRATTLECAM post# 156168
Post # of 156954 
No, but it is possible. And since they are sleazy, they could. When you open an account at a financial institution you have a box on the application that asks if you are an officer, director or an affiliate of a public company.

There are two issues, if you are not when you open the account, do you think a stinky pinky CEO calls the financial institution to change the status?

If you lie, do you think the $46,000 year new accounts girl looks into every client account if someone is or became a CEO?

Now, as a trader, if a client account is red flagged as an officer, director or an affiliate, we know resale restrictions and how to handle the trade.

But if you lie, there is nothing we can do if new accounts and compliance doesn't do their job. So, as a trader we are trained to identify patterns and financial fraud.

They will get caught eventually.

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist