"Did Matt apply for the Brokerage with Finra? I kn

"Did Matt apply for the Brokerage with Finra? I know he has the TA done.  Ae we buying a brokerage already FINRA approved?"

If I recall this right, I think that Matt said he wanted to buy a a licensed broker, but its hard to find the one that fits your own profile and needs, because once he buys a brokerage it can take up to 6 months or a year (not sure about those dates) before he can amend the articles of incroporation, or make significant changes on the brokerage.

"FINRA requires each broker/dealer to have a minimum of 2 qualified principals, as well as a Financial and Operations Principal. Is this started? People in mind for?"

Michael E Herman would be the second Principal.

"I know we WILL have a clearing firm, but without the clearing firm in tandem with the brokerage, we will have to use the services of another clearing firm? So what is the company strategy on the clearing firm / brokerage tie in?"

A brokerage with its own clearing firm would ideal as potential buy target, but will costs significantly more of course, and I think that matt said something about this too. But maybe it would be better to compile these questions and email the man at the helm to avoid any confusion...

"A licensed broker with a series seven certification"

Maybe this comes with the package, and he doesn't have to apply for a certification...