Consolidated Statements Of Operations (USD $)	3 Months Ended
	Dec. 31, 2011	Dec. 31, 2010
Revenues
Commissions	$ 13,203,000	$ 23,159,000
Net dealer inventory gains	3,076,000	3,620,000
Investment banking	4,756,000	2,776,000
Total commission and fee revenues	21,035,000	29,555,000
Interest and dividends	702,000	909,000
Transfer fees and clearing services	1,829,000	2,736,000
Other	1,832,000	1,774,000
Total Revenues	25,398,000	34,974,000
Operating Expenses
Commissions, compensation, and fees	22,730,000	31,164,000
Clearing fees	461,000	669,000
Communications	1,200,000	1,137,000
Occupancy, equipment and other administrative costs	861,000	783,000
Professional fees	531,000	310,000
Interest	276,000	295,000
Taxes, licenses, registration	360,000	336,000
Total Operating Expenses	26,419,000	34,694,000
Net Income (Loss) from Operations	(1,021,000)	280,000
Other Expense
Decrease in fair value of derivative liabilities		618,000
Total Other Expense		618,000
Net income (loss) before non-controlling interest	(1,021,000)	898,000
Non-controlling interest	(12,000)	12,000
Net income (loss)	(1,009,000)	886,000
Preferred stock dividends	(93,000)	(104,000)
Net income (loss) attributable to common stockholders	$ (1,102,000)	$ 782,000
INCOME (LOSS) PER COMMON SHARE
Net income (loss) attributable to common stockholders: Basic	$ (0.05)	$ 0.04
Net income (loss) attributable to common stockholders: Diluted	$ (0.05)	$ 0.01
Weighted average number of shares outstanding: Basic	21,646,902	17,687,682
Weighted average number of shares outstanding: Diluted	21,646,902	27,100,374