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FINRA Disclosure & Response
Dear Take The Trader's Money Community,
I wanted to share with you a personal chapter of my story, which is reflected in the attached FINRA BrokerCheck report. Back in 2008, during my time working for a mortgage company while attending college, I foresaw the impending housing market crash. Motivated by what I observed, I opted to take my Series 7 and 63 licenses, achieving high scores that set a record within my firm.
Fast-forward six years, I transitioned to Banco Santander as a "Financial Specialist," though it came with a significant pay reduction. Adjusting to this change, I made a financial misstep. I borrowed $1,000 from my father, and due to a cascade of bounced checks—unintentionally stepping into the territory of "check fraud"—I faced severe consequences in the industry I had become a part of.
Admittedly, at 28 and facing a request from FINRA for extensive personal financial records, I was overwhelmed. I asked about the repercussions of non-compliance and was informed it would simply result in the inability to work as a licensed financial advisor ever again. For me, at that moment, the decision to move on from that career was clear.
The term "barred for life" sounds daunting, and perhaps it's meant to be a stern warning. I share this not to offer excuses but to ensure full transparency. This incident taught me hard lessons about the financial industry and personal responsibility. It is these lessons that have fueled my commitment to education and fair play, which are the cornerstones of our Take The Trader's Money platform.
I present this information openly, so you can make an informed decision about joining our competitive, educational game. If you're ready for a unique learning experience within a community that values integrity and growth, I sincerely invite you to challenge The Trader in Take The Trader's Money.
Warm regards and happy trading,
Anthony Robert Calascione
Founder, Take The Trader's Money
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