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Note 4 - Clearing Agreements
9 Months Ended
Jun. 30, 2011
Schedule of Due to (from) Broker-Dealers and Clearing Organizations [Table Text Block]
NOTE 4. CLEARING AGREEMENTS

On February 1, 2010, National Securities Corporation and vFinance Investments, Inc. entered into separate but coterminous clearing agreements with National Financial Services, LLC. with a termination date of February 1, 2015.    The clearing agreement includes a termination fee if either broker dealer terminates the agreement without cause. The Broker Dealer Subsidiaries currently have clearing agreements with NFS, Penson, Legent, ICBC and Rosenthal.