Quote Originally Posted by Gboxcapital View Post
The personal guaranty is in place if the ISO is not willing or interested in obtaining business insurance to protect all parties, including the ISO itself, from brokers who are misrepresenting the product and/or committing acts of fraud.
Wait, so you want brokers to obtain insurance not only to protect themselves, but to protect all parties? Please explain this.

Why would the ISO need to be protected from other brokers?