[I'm pleased your experience with the firm in question has been good so far. However, if you pause to read the previous thread, highlighted above, you'll find three people who have "been able to say they were screwed", having their accounts run into the ground.]
After reading the treads I am wondering how Dave James was not able to sell positions that when you call to sell they put you right through to the trading dept. and you tell them to sell.
The Broker is not suppose to be selling them for you. When I wanted to sell it took 2 minutes. The sell ticket was posted the next day on my web account access. When I filled out the disclosure forms it tells you that your the only one that can sell or buy no one else can trade your account. I had no problem with getting in contact with my broker but my be I was lucky. No one deserves losing their money because of human error, or because of a scam, if you lose money because the market works against you it doesn't matter who you invest with. So far I was put into the market and made out alright and I am in again and the market is doing ok. But for me to blame what the market does on them I can't. they are doing what they said they would do and that is all I can ask. Merrill Lynch, Morgan Stanley, Goldman, Sachs & Co, Bear, Stearns all have had 100's of complaints for high pressure tactics and losing money for clients by making trades with out clients permission, Futuretech trading group inc
110 EAST ATLANTIC AVE.
SUITE 220
DELRAY BEACH, FL 33444
UNITED STATES
561-278-9105
NFA ID Respondent Rule Type
0296640 DAVIS, JOANEEN ⢠C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS
⢠C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB.
0322907 DIAZ, RUSSELL J ⢠C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB.
⢠C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS
0300640 EULO, JAMES VINCENT ⢠C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB.
⢠C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS
0336022 FUTURETECH TRADING GROUP INC ⢠C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB.
⢠C.R.2-29(a)(2) - HIGH PRESSURE COMM. PROHIBITED
⢠C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS
⢠C.R.2-10 - RECORDKEEPING FCMS/IBS
⢠BLAW301(b) - REGISTRATION OF APS AS ASSOCIATES
⢠F.R.SEC5NEW - INTRODUCING BROKER FINANCIAL REQUIREMENTS
⢠C.R.2-9(a) - SUPERVISION OF EMPLOYEES
0299844 JALIL, JIMI RACHID ⢠C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS
⢠C.R.2-9(a) - SUPERVISION OF EMPLOYEES
⢠C.R.2-29(a)(2) - HIGH PRESSURE COMM. PROHIBITED
⢠C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB.
0299777 LOIACONO, JOHN CARMINE ⢠C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB.
⢠C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS
0311510 MILLS, ADAM SCOTT ⢠C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB.
⢠C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS
0333416 SALA, GUSTAVO ⢠C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS
⢠C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB.
0328914 SHORE, STEPHEN JASON ⢠C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB.
⢠C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS
0314271 SUMMERS, COREY BRETT ⢠C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB.
⢠C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS
How would you like to be dealing with those guys. they are still in business and this is very recent On July 21, 2005, and even with all the complaints they are still calling people like me and using the same high pressure sales tactics that sales people use.
I was not able to find anything really bad about the guys you don't like but if they screw me once again I'll be the first to let you know.
