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Jagthetrader

03/22/11 2:50 PM

#2551 RE: cici #2550

can a Broker Dealer do all this manipulation? oh my god...

i thought it was company that does all this

janice shell

03/22/11 4:06 PM

#2567 RE: cici #2550

Read the relevant document in the Cutler case:

http://www.finra.org/web/groups/industry/@ip/@enf/@ad/documents/industry/p123365.pdf

Cutler Securities is a one-man outfit. Or rather, was a one-man outfit. Glenn Cutler seems to have broken pretty much every rule in the books. He even got whacked with a $25 million margin call.

But he appears not to have been interested in shorting penny stocks.