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Well, there may be one or two ways he could pull this off. He would
basically have to operate his own non-clearing FCM and wait a day to
prepare his statements. If an audit ever picked this up, he would pretty
much be dead meat.
For the record, all orders are required to have a account number
assigned to them at the time of execution.
K
>
> Larry Wrote
>
> You may be wrong about this. There may be some inventive people out there who
> can pull it off. An old broker friend of mine claims he puts most of his
> trades in his personal account but his big, one-day winners go into his 401k.
> He has been able to carry them, unassigned, overnight, and then decide which
> account to put them in. One day is a nice edge, especially in today's volatile
> markets. He tells me his 401k is up over 100% this year. I didn't ask about
> his personal account.
>
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