Alas, I'm afraid you are right. No wonder the SEC is under funded. they have to make good on all of IQ's losses, but he has no gains to give them in return. Hardly seems fair. Maybe what the SEC should do is suspend IQ1 from trading, then revoke his right to trade altogether.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.