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Originally Posted by cyberwave
is it that simple ? how did he open a bank account ?
i know i can open a brokerage account by just sending papers by fax and any signature
but i need to have a bank account and to open one i have to be present with my photo ID in the bank when i do so,...and i assume one needs a bank account to trade ! 
At any case what is the moral behind the story ?  |
You never heard about fake id's ?
Anyhow one of major points in that story is
a)Insider trading is highly profitable
b) You better be careful with being too successful in Stocks, in forex I hope things are different with less regulation... But in forex brokers can cheat more than companies in the stock market.