CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (USD $)	Jun. 30, 2013	Dec. 31, 2012
ASSETS
Cash and cash equivalents	$ 1,817,374	$ 1,316,990
Securities owned
Marketable, at fair value	1,112,129	709,333
Not readily marketable, at estimated fair value	679,047	728,312
Restricted cash	680,028	680,028
Due from clearing broker	105,633	127,702
Accounts receivable, net	697,128	533,606
Prepaid expenses and other assets	462,732	504,920
Equipment and fixtures, net	11,966	17,647
Total assets	5,566,037	4,618,538
LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable	189,193	271,412
Commissions and bonus payable	193,992	403,978
Accrued expenses and other	682,403	661,144
Deferred rent	489,686	326,832
Deferred revenue	93,856	140,404
Notes payable, net of debt discount	1,230,786	1,205,281
Notes payable to related parties, net of debt discount	1,514,574	2,075,888
Total liabilities	4,394,490	5,084,939
Shareholders' equity
Common stock, $0.0001 par value; 300,000,000 shares authorized; 118,639,665 and 5,425,149 shares issued and 118,610,229 and 5,395,713 shares outstanding as of June 30, 2013 and December 31, 2012, respectively	11,862	543
Additional paid-in capital	148,564,225	144,673,121
Treasury stock	(225,613)	(225,613)
Accumulated deficit	(147,178,927)	(144,916,783)
Total shareholders’ equity (deficit)	1,171,547	(466,401)
Total liabilities and shareholders’ equity	5,566,037	4,618,538
Convertible Preferred Stock Series A [Member]
Shareholders' equity
Convertible preferred stock	0	0
Convertible Preferred Stock Series B [Member]
Shareholders' equity
Convertible preferred stock	0	0
Convertible Preferred Stock Series C [Member]
Shareholders' equity
Convertible preferred stock	0	0
Convertible Preferred Stock Series D [Member]
Shareholders' equity
Convertible preferred stock	0	1,701
Convertible Preferred Stock Series E [Member]
Shareholders' equity
Convertible preferred stock	$ 0	$ 630