CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Cash flows from operating activities:
Net loss	$ (2,262,144)	$ (4,426,474)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	7,000	10,940
Stock-based compensation	574,369	1,870,628
Amortization of debt issuance costs	74,192	56,736
Loss on early extinguishment of debt	293,347	0
Loss on equity exchange	0	1,086,329
Loss on sale of accounts receivable	0	7,000
Provision for uncollectible accounts receivable	122,033	280,275
Securities received for services	(217,329)	(107,600)
Unrealized loss on securities owned	253,363	222,914
Changes in operating assets and liabilities:
Securities owned	(389,563)	(570,217)
Due from clearing broker	22,068	(19,794)
Accounts receivable	(275,522)	(62,641)
Prepaid expenses and other assets	32,156	15,627
Accounts payable	(82,220)	(34,820)
Commissions payable	(209,986)	(327,907)
Accrued expenses and other	137,565	(1,248,825)
Net cash used in operating activities	(1,920,672)	(3,247,829)
Cash flows from investing activities:
Purchase of equipment and fixtures	(1,319)	(7,897)
Net cash used in investing activities	(1,319)	(7,897)
Cash flows from financing activities:
Issuance of note receivable	0	(125,000)
Proceeds from issuance of restricted common stock	1,822,375	0
Proceeds from issuance of convertible promissory note	600,000	0
Proceeds from issuance of temporary subordinated borrowings	1,600,000	4,100,000
Payment of temporary subordinated borrowings	(1,600,000)	(4,100,000)
Proceeds from issuance of preferred stock	0	100,000
Payment of preferred stock dividend	0	(42,060)
Net cash provided by (used in) financing activities	2,422,375	(67,060)
Increase (decrease) in cash and cash equivalents	500,384	(3,322,786)
Cash and cash equivalents at beginning of the period	1,316,990	4,003,512
Cash and cash equivalents at end of the period	1,817,374	680,726
Supplementary disclosure of cash flow information:
Interest and cost of underwriting capital	160,609	264,624
Non-cash financing activities:
Issuance of common stock in connection with debt conversion	$ 1,210,000	$ 0