Driverwealth owns Cuttone & Co. the broker.
Cuttone’s SEC 606 report shows the order flows Index of /rule606/ttuc
It says the largest one been via BoA securities which is bank of america.
I don’t like BoA - they’ve previously secretly sold to Citadel and many high frequency guys…
Cnbc on 23 March said
On Friday, the attorney general announced a $42 million settlement with Bank of America over what it called the “masking” strategy, which was applied to 16 million client trade orders between 2008 and 2013, representing over 4 billion traded shares.
New York’s Eric Schneiderman said Bank of America admitted to having undisclosed agreements with electronic trading firms Citadel Securities, Knight Capital, D. E. Shaw, Two Sigma Securities and Madoff Securities to handle the trades instead.
“Bank of America Merrill Lynch went to astonishing lengths to defraud its own institutional clients about who was seeing and filling their orders, who was trading in its dark pool, and the capabilities of its electronic trading services,” the attorney general said in a statement.
Elon Musk is on our side: Cnbc reported today from that Clubhouse call
““To what degree are you beholden to Citadel?” Musk asked, to which Tenev replied: “There is a rumor that Citadel or other market makers pressured us into doing this and that’s just false.””