Note 7 - Advances To Registered Representatives

6 Months Ended

Mar. 31, 2013

Investments in and Advances to Affiliates, Schedule of Investments [Text Block]

NOTE 7. ADVANCES TO REGISTERED REPRESENTATIVES

The following table sets forth advances to registered representatives for the quarter ended March 31, 2013:

	Advances to Registered Representative
Balance, December 31, 2012	$	833,000
Advances		60,000
Amortization or repayment of advances		(147,000	)
Balance, March 31, 2013	$	746,000

There were no unamortized advances outstanding attributable to registered representatives who ended their affiliation with National Securities prior to the fulfillment of their obligation.