"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.

Founded in

United States