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IM GOING TO PUT UP THE $$$$ MYSLEF FOR Hi iO AND QDZ HOW MCH DO YOU NEED? 20K?

...Your such an amatuer....you only have 25 posts...wait until you have at least 50 before you attempt to tackle a philosphical question as deep as this!!! :D

You are WRONG..it was the "small guys" suing....they do not have to pay a lawyer...Right now you can hire a top flight attorney on a contingency basis ...he gets 35-40% of anything he wins...If a client lost 5k he can get an attorney and the attorney will sue for about 20k...If the firm settles...

i should have quit while i was ahead!

seriously though, im a former Director of Compliance

I am a sheperd...:)

You are finally understanding it!! Ya see, you sign all that stuff because IB is hoping that will suffice in legal action...however, I have been in cases where even more obvious and blatant language is used, yet we lsot the case because the judge feels sorry for the little guy..."and after...

HI Io I know what customer agreements say....now take that agreement to any atorney worth his salt and you will see it's worthles...It helps, but a decent attorney and a client who says " i didn't know what i was signign , they said i had to sign allthis stuff" will win in a lawsuit....BTW im...

..no i mean a waiver that says you cannot nor have no right to sue...peopel sing hold harmless letters all the time....and then they sue anyway

Would either of you be willing to sign a risk letter and acknowledgement in which you hereby and forever waive your right to sue in any capacity as a result of your trading losses?......now before you answer, call up any attorney you know and ask him if you should sign it.

increase commissions and suicide? Ok I give up? What does that mean? BTW, Im not saying you and Hio don't have valid arguments, im just pointing out that it's becuase of the so called little guy that we have this new rule

How many lawsuits do you handle? Do you read the papers? listen to the radio? watch T.V? The lawyers run ads that ask people to contact them and they ONLY GET PAID IF THEY WIN...so there is no out of pocket costs to the 3000 client...then they want punitive. I can tell you in all honesty...

....you are a very sick and demented human being.....That's what i really like about you!:D

...since this has become a driver's ed class let me ask a question as the devil's advocate.....who pays more car insurance premiums...the owner of a Hyundai or the owner of a Bentley? It may not be fair but that's life...and Im so sick and tired of hearing about the so called "little...

insiteful reply and you raise some interesting points. I think the key element everyone is missing is the question of whether we would or should act alone if the Iraq situation calls for it. I believe we have no choice if you rationally think about it. We (usa) were the ones who received the...

Umm Guys, The PDT rule re: futures is not enforced because there is supposed to be higher suitability standards with anyone wishing to trade in futures...same thing w/ Options.....When I was approving options trading for an account, I would only approve for buying Calls/puts and covered call...

I love the list of coups the VVV loves to post no matter what the discussion is...tell me, how many coups were done under Democratic presidents? It looks like 70% of all the so called coups occurred between 1960 and 1972.....Hmmm. Im also amazed at how once a republican takes office..he's...

joe richman isn't daytrading....the rule is there to separate people who are giving it a whirl and true professionals...i like some aspects of the rule but i dislike a lot of other aspects...experience should count more then net worth. as far as being unconstitutional, i don't think so but i do...

I hate to break this to you ....but everyone is subject to the daytrading rule....who is exempted from it? Prop firms as everyone keeps mentioning, ARE NOT EXEMPT...they are merely letting you trade a sub-account of a larger account threat has over 25k equity....AS far as the quiz on IB new...

My parents live in the Northeast...a few years back they had the coldest and snowiest winter ever...and scientist said it was from a new warming trend that has thrown off the jet streams...then last year they had one of the mildest winters and they say it's because of global warming....Hey, Im...