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xjag

08/28/12 11:45 AM

#47075 RE: David i INVEST #47058

David:

I apologize for the confusion generated by my Zecco Penson comments.
I was referring to their obstructionist tactics especially declaring companies trade for trade and charging exorbitant fees to clear the trade.In effect shutting down the market in that equity.

I got trapped in several DTCC black listed stocks and couldn't get out. Moving some of the accounts I manage from Zecco was not possible.

EMXC is a scam run by a half-slick bitch. I only hope she's one of the sacrificial prosecutions and ends up with a lengthy federal sentence. Wire fraud, mail fraud, criminal conspiracy to commit fraud, etc, she could easily do 15 years. Now whether they prosecute or not is the question. I'm afraid I'm leaning to say no, just because of the rampant fraud in securities. I don't think DOJ wants to break that dam.