Tradestation is a small Florida based broker that doesn’t seem to want to go down with the MMTLP criminals.

An audio recording shows TradeStation is not able to fulfill transfers to AST because they don’t have enough certificates.

This has widely been a suspicion of nearly every broker/dealer involved with MMTLP, but this is really the first time one of them has admitted it.

This additional correspondence shows that they were lending their shares to OTHER brokers and they do not have shares to transfer to AST. They cannot honor their obligations. And I think we all know what that means.

Why is TradeStation sounding the alarm? It’s likely they see the criminals behind the MMTLP saga going down and they simply don’t want to be a part of it. Next step will be making a deal with the justice department, which we fully support!