Company Information

Get to know BeanJockey

"BeanJockey" is not a real-world registered company but a term used to describe the type of illegitimate "boiler room" brokerage firm famously depicted in popular culture, such as the 2000 film "Boiler Room." These fictional operations are characterized by their use of aggressive, and often illegal, telemarketing tactics to push speculative penny stocks or engage in "pump and dump" schemes. The mission of such a firm is to generate exorbitant commissions for its brokers at the direct expense of its clients, with a complete disregard for ethical standards, regulatory compliance, or the financial well-being of investors.

Industry

Stock BrokerPRIMARY
Financial Other Service

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BeanJockey

Name: BeanJockey
Address: US

United States

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.