Quote:
Originally Posted by Slava
There are all kinds of safe guards in place though, and it's a very heavily regulated industry. So while I am on my own and have my own practice, you can rest assured that if I were running a scam and were sued, the securities dealership (in this case a large multinational) would be pulled in on that lawsuit. That's the case for virtually everyone these days. And yeah, my insurance would cover me for far more than what I "normally deal with" because you need that catastrophic loss protection in place, but I would imagine the dealership coverage is well into the billions.
Even a lot of "mom and pop shops" or places that give that kind of vibe really aren't these days. They're very often through one of the major banks or a huge financial company.
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I thought we were talking about law firms.
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