Um, are you sure they're acting as a "stock broker?" It's illegal to broker securities w/o a license regardless of whether the client is a small retailer or an institution. So called "professionals" can indeed sue their butts as can the government if they're acting as unlicensed brokers as you claim.
----- "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." -- Warren Buffett
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