Larry Formato

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Larry Formato

Goodreads Author


Born
in The United States
Website

Twitter

Genre

Member Since
March 2014


People ask me about my history. For that, I could say “buy the book”, but I thought it was important to have an official biography.

Larry Formato has forty years experience in finance and finance management. He is considered one of the world’s leading experts in the Over-The-Counter (OTC) stock market. By age thirty-three, he owned five brokerage firms and was asked by Congress to help construct the Penny Stock Reform Act of 1990.

“Mr. Formato, this has been an extraordinary piece of testimony which has been delivered to our subcommittee. We thank you very much for having the courage to appear before us today, and as the weeks and months go by, as we continue to work on these issues, we are going to stay in close contact with you. I think tha
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Average rating: 4.47 · 15 ratings · 4 reviews · 3 distinct worksSimilar authors
Connected

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4.47 avg rating — 15 ratings — published 2014 — 3 editions
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Dangerous Ways

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Published on August 21, 2020 11:34
Quotes by Larry Formato  (?)
Quotes are added by the Goodreads community and are not verified by Goodreads. (Learn more)

“Some people did business with me because they wanted to get close to me, others did business with me because they were afraid to say no.”
Larry Formato, Connected

“Later that week, I met with my friend, Red. I told him all about the meeting in New York and that I was thinking about trying to do the Interferon Pharmaceutical deal. Red was still very upset over Royer Securities. He assured me he had people looking for Wellington.”
Larry Formato, Connected

“Mr. Formato. Well, they get involved through the promoters and through the owners of the brokerage firms or through the managers of the brokerage firms or through the traders that are trading these stocks. Some way or another, one form or another, organized crime has their hand on the shoulder of someone inside every over-the-counter brokerage firm that is making any kind of money in the industry.”
Larry Formato, Connected

“Some people did business with me because they wanted to get close to me, others did business with me because they were afraid to say no.”
Larry Formato, Connected

25x33 Gangster Squad — 3 members — last activity Apr 24, 2014 08:56AM
This group is set up so you can ask questions about my experiences. In the 70s and 80s I was a major player in the penny stock market and was Connecte ...more
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