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  1. #1
    Senior Member Reputation points: 5023
    Join Date
    Apr 2015
    Location
    Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
    Posts
    554

    If we don't clean up this market ourselves...a regulator will. I won't go on a rant of the miami boiler rooms etc. because ADMIN will delete (yet again) my posts. But if you want to be here in 5 years, our act has to be cleaned up. This is the same as the mortgage refinance game, the S&L games, Enron, Equity Funding, US Financial and more recently Madoff etc. It will get caught. It always does. While legal now, no one likes us and we will become a target because we use unsophisticated kids to sell,who don't disclose and we use boiler room tactics. Try explaining that to a jury later and see what happens.
    Last edited by John Galt; 10-22-2015 at 08:28 PM.

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