stockbroker

The expected way to do this would be to register with the SEC as a broker/dealer, like every stockbroker does.

He left his job as a stockbroker and set up his own removal company dedicated to the cleanup of kodokushi victims.

If a stockbroker charges.2% rather than.1%, that's a.1% lower cost, not a 50% lower cost.

If a real stockbroker lost funds like that, and became insolvent (debts > assets), they would have to stop operations immediately.

Unless they're making Google/stockbroker money, or live in the North.

Nobody as yet has been licensed as a broker, dealer, or exchange with the Securities and Exchange Commission, something every stockbroker and dealer in the US has to do.

My dad still remembers (and complains about) when his stockbroker was calling him begging him to buy stock in the nearly bankrupt Apple saying it was a good opportunity.

I feel far more comfortable throwing a $100 payment at my stockbroker account for an ETF, knowing that several layers of reliable cutouts stand between my bank account and some seriously dodgy businesses.

It's called the "Baltimore stockbroker fraud".

This prevents a Tragedy of the Commons, especially with large groups of people whom you do not know well, where there is a real possibility that their Wall Street d-bag friends order the lobster bisque, filet mignon and champagne and expect everyone else ordering a side salad to subsidize their stockbroker-but-has-a-subzero-balancesheet "lifestyle." Don't be a sucker.

He talks about the probability computations needed to work out each step in the scam -- how the con man makes money off a "no-risk trial, I will pay your bet if you lose") Mathnet on 321-Contact did the mail order prophet scam, and my dad's stockbroker friend once joked about running the same scam.