(Total Views: 363)
Posted On: 05/27/2019 6:39:19 AM
Post# of 7802
Here you go Patsy. Read for yourself what transpired at Spartan.
https://www.scribd.com/document/411588345/Sta...4-2-2019-1
You might want to notice, if Reynold paid it is possible Spartan could reopen. Not likely, but possible.
Yet you claimed the SEC shut them down. Your posts resemble a SFRX promotion.
33.Spartan is a party to a Clearing Agreement with Axos pursuant to which Axos serves as a clearing broker. This Clearing Agreement is attached as Exhibit “A”
34. Pursuant to that Clearing Agreement, Spartan is obligated to pay Axos the amount of the deficiency in Spartan’s firm inventory account at Axos caused by Reynolds’ actions described herein.
35. Spartan lacks the financial wherewithal to cover the deficiency in its firm inventory account at Axos.
36. Absent recovery from Reynolds to cover the damages caused by Reynolds’ actions, Spartan has no means by which to meet its net capital requirement, and will be unable to reopen its doors to resume business.
https://www.scribd.com/document/411588345/Sta...4-2-2019-1
You might want to notice, if Reynold paid it is possible Spartan could reopen. Not likely, but possible.
Yet you claimed the SEC shut them down. Your posts resemble a SFRX promotion.
33.Spartan is a party to a Clearing Agreement with Axos pursuant to which Axos serves as a clearing broker. This Clearing Agreement is attached as Exhibit “A”
34. Pursuant to that Clearing Agreement, Spartan is obligated to pay Axos the amount of the deficiency in Spartan’s firm inventory account at Axos caused by Reynolds’ actions described herein.
35. Spartan lacks the financial wherewithal to cover the deficiency in its firm inventory account at Axos.
36. Absent recovery from Reynolds to cover the damages caused by Reynolds’ actions, Spartan has no means by which to meet its net capital requirement, and will be unable to reopen its doors to resume business.
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