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re: AIG Financial Network just laid off their entire sales force...

Posted on 1/7/16 at 1:58 pm to
Posted by jeepfreak
Back in the BR
Member since Oct 2003
19433 posts
Posted on 1/7/16 at 1:58 pm to
quote:

What happens to your clients and the products

I am still registered with the B/D and have access to the trading platform, so I can still trade if necessary.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37162 posts
Posted on 1/7/16 at 2:55 pm to
quote:

I am still registered with the B/D and have access to the trading platform, so I can still trade if necessary.


Well that's good... but I would assume that might be cutoff soon as well?

Does the B/D perform all the back office functions? I'm thinking tomorrow you could catch on with a new firm, but you would have to get all your clients' assets transferred over. Is there anyone around to do that?

This is interesting to me... an entire group like this just going poof without being sold.
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