Does bankruptcy court see customer accounts as a liability or asset? I doubt ( but am very hopefully) that PFG has such assets as I doubt weasledorf would have attempted suicide if that were the case. He would have simple sold off or refinanced such assets and made balanced his books.
I am a Canadian with a PFG account. Recent communication said 90% of accounts have been liquidated and emails have been sent out with balances. I have yet to receive mine.
Anyone with PFG accounts please post what you are experiencing!!!
How hard can it possibly be to put laws and regulations and punishments in place where EVERYONE and i mean EVERYONE breaking these laws and regulations would be SEVERELY punished so as to put the fear of both God and the Devil combined, in any and ALL that affect the lives of people like me and...
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The more I think about the money I may have lost through PFG and the regulatory system's incompetence the more infuriated I get.
If I was as incompetent in my business as these regulators are at there's, my family would starve! These people need to be...
I think Oil is asking, for the day traders here, what is your average monthly return? Its the only true measurement of comparison if your winning or losing. Everything else is just noise and babble.
Every day trader man up. What's the number.
I agree this incompetance does not belong in the year 2000 +. Just idiotic. There is no way a company can get away with this 2-5 years sucking in more client funds. Regulations and auditing are supposed to make a difference. The system right now is cockamamie and a fares. The employees in...
Weasaldorf was permitted to outsmart your system since at least February 2010 when he had less than $10 million in funds.
This is sleeping at the wheel with a bottle of whiskey in your hand while shouting, yippee this is fun!