May they rest in peace: dead firms

ChaosNSX · Jun 21, 2004

I take it this new rule will have a large effect on ETG.. any thoughts?

F-Trader · Jun 21, 2004

Quote from GATrader:

IB should not be affected in any way at all. They are a retail firm and as far the the prop side I don't think they take trader's deposit so there would be no $ to be reclassified from capital to liability..right?

The only way I could see this effecting IB is with higher rates.

If as Don says, a lot of firms go under and there is a run on the bank then there will be less competition.

With less competition there will not be as many discounts nor a reason to give one.

It may effect Buying Power, we'll see. :eek:

playthemargin · Jun 23, 2004

Quote from deeznutz:

please quit editing threads to take out all negative comments made about you- let the people here exercise their right to free speech instead of dictating what they say by throwing your "weight" around....

But that would be tooo honest. And Don Bright is not Honest. Remember now, Don Bright does not own Bright Trading. His brother does. Don Bright only works there. Don Bright is only in charge of the school and the training. His brother just gave Don a job because Don couldn't make it in the real world on his own.

playthemargin · Jun 23, 2004

Quote from playthemargin:

But that would be tooo honest. And Don Bright is not Honest. Remember now, Don Bright does not own Bright Trading. His brother does. Don Bright only works there. Don Bright is only in charge of the school and the training. His brother just gave Don a job because Don couldn't make it in the real world on his own.

Here is your proof:

http://sos.state.nv.us/corp_nme.asp

Don Bright is not the owner. His brother Robert is the owner.
Robert is Don's brother.

playthemargin · Jun 23, 2004

Quote from playthemargin:

Here is your proof:

http://sos.state.nv.us/corp_nme.asp

Don Bright is not the owner. His brother Robert is the owner.
Robert is Don's brother.

Here is the link: http://sos.state.nv.us/corpsrch.asp In the Search box, put in "Bright Trading" without the quotes.

http://sos.state.nv.us/corpsrch.asp

playthemargin · Jun 23, 2004

Quote from Don Bright:

Check registrations for individual traders..."AS IF" I would divulge this type of info...again, you're showing your ignorance. Do your own homework, if you know how.

Don

I want to know this information also. Tell us how to check registrations for individual traders Don. I showed everybody how to check that you are not the owner of Bright trading. You should show us also. I'm waiting. http://sos.state.nv.us/corpsrch.asp Do a search for Bright Trading in the search box. There is no sign of Don's name. Only his brother. But Don misleads everybody into thinking that he is the owner. Don is only in charge of the school and training. Check yourselves http://sos.state.nv.us/corpsrch.asp

I Missed Boat · Jun 23, 2004

Quote from playthemargin:

I want to know this information also. Tell us how to check registrations for individual traders Don. I showed everybody how to check that you are not the owner of Bright trading. You should show us also. I'm waiting. http://sos.state.nv.us/corpsrch.asp Do a search for Bright Trading in the search box. There is no sign of Don's name. Only his brother. But Don misleads everybody into thinking that he is the owner. Don is only in charge of the school and training. Check yourselves http://sos.state.nv.us/corpsrch.asp

Wow, yu're really onto something here. This is one helluva a major point if I've ever seen one here on ET. Thank goodness we have a Mike Wallace like you! What a major find! :eek: Shocking! No really!!......OK, not really!!

NickBarings · Jun 23, 2004

I never trusted salespeople ; violating truth is a second

nature to them.

playthemargin · Jun 23, 2004

Quote from NickBarings:

I never trusted salespeople ; violating truth is a second

nature for them.

LAUGH OUT LOUD!!

Tony Montana · Jun 23, 2004

Quote from playthemargin:

I want to know this information also. Tell us how to check registrations for individual traders Don. I showed everybody how to check that you are not the owner of Bright trading. You should show us also. I'm waiting. http://sos.state.nv.us/corpsrch.asp Do a search for Bright Trading in the search box. There is no sign of Don's name. Only his brother. But Don misleads everybody into thinking that he is the owner. Don is only in charge of the school and training. Check yourselves http://sos.state.nv.us/corpsrch.asp

Yes, well done, Sherlock. Now we finally know who owns Bright. Thank God this has been laid to rest once and for all.

You can look up any NASD registered member on the NASD website - it's public info. Unbelieveable that a "trader" wouldn't know this, but I have lost my ability to be surprised at what comes out on these boards. :eek:

Oh, in case you need it, the website is probably something like NASD.com. If you need more instructions from there, or perhaps if you need me to wipe your ass for you, please, by all means, let me know.

TM