Tradeloop's new "Account Flag" security feature is barely a month old, but is already a success. Tradeloop users have flagged 12 accounts so far for review. A third of those accounts appeared to have real ethics-type issues that required additional investigation. The others were more routine reference checks, address corrections, and similar issues.
To flag an account, look for the link that's included on all company and individual user profiles. Click on the link and enter your concerns in the textbox.
This feature isn't a substitute for the Ethics Process. Instead, it's a way to alert Tradeloop to accounts that you think need extra scrutiny. Our Customer Support staff and Membership Committee will review the account and may request more information from the dealer after an account is flagged.
Thanks to all the Tradeloop users who have taken the time to share their concerns and help keep the trading community a safe place to do business.