What I find disturbing is how the whole US system operates.
Surely, if a customer deposits funds with a broker, those funds should remain
the property of the customer.
It amounts to legal theft that customer funds are split to compensate creditors.
These kinds of 'must sign' customer agreements that give
the broker access to customer funds for non-trading purposes should be illegal.
I feel very sorry for those being robbed by these criminals.
Coder
Surely, if a customer deposits funds with a broker, those funds should remain
the property of the customer.
It amounts to legal theft that customer funds are split to compensate creditors.
These kinds of 'must sign' customer agreements that give
the broker access to customer funds for non-trading purposes should be illegal.
I feel very sorry for those being robbed by these criminals.
Coder