Archive for January 17th, 2008
Daily Archive
Thursday, January 17th, 2008
More on day trade
See a good intro here.
http://www.rb-trading.com/article10.html
No Comments » - Posted in Money Talk by oneonian
Thursday, January 17th, 2008
SEC Chairman, Arthur Levitt, on Day Trading
Official link can be find here http://www.sec.gov/news/testimony/testarchive/1999/tsty2199.htm
The report is dated 9/16/1999 with currently more than 100 day-trading firms with less than 7000 day-traders. The day-trader firms are possible through an unintended clause in the legal system.
“Other day-trading firms choose to organize as entities such as limited liability companies (”LLCs”), which sell interests in the firm to individuals wishing [...]