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    Who regulates Prop Firms? NASD?

    So then how does a trader know if they are legit? If they sponsor your series 7 and you trade with them if something goes wrong are you responsible?
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    Who regulates Prop Firms? NASD?

    I looked on the NASD ( http://pdpi.nasdr.com/PDPI/ ) for prop firms Echotrade & Bright but neither came up with anything. What the these companies licensed as and where would i find info on them? Thank you
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    Bright Trade

    Hey bighitter, where do you trade? Where can a newbie like me learn day trading? I thought being part of a prop firm will help me learn faster.
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    Bright Trade

    Sanjuro, Who are the other prop firms that people are members of, and what are the down sides of the other prop firms versus Bright? I currently have a retail account with Tradestation and have been trading for a couple of months, but I want to join a firm so I can get my Series 7 and more...
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    Bright Trade

    Where is everyone that is posting comments regarding Bright currently trading. No one is naming a better firm. Are all you posters licensed brokers or retail traders? :confused:
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