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You would be wise to have the broker state all instances which led
to customer losses which were a result of broker or floor trader
error and were not reimbursed by the broker. Also tape record any
discussions, after suitable warnings, concerning how the broker
interprets the language.
Just understand that stupid errors do occur and can lead to major
losses. Your concern is justified
Does anybody know where you can get a gadget to insert the "BEEP"
in the phone conversation so that it's not necessary to warn the other
party that the conversation is being recorded. I've vainly searched the
web and other places for either a tape recorder interfaced to a phone
line or a simple beeper to be used with a recorder. I don't need a ex-
pensive commercial system with large reel to reel tapes.
Beep,
Ted
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