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The $75,000 Bond and Truckers Left Holding The Bag
Yahoo Finance· 2026-01-29 15:56
The problem is that many of these new operators had no experience, no capital reserves, and no idea what they were doing. They were playing broker while the market was hot. When the music stopped in 2022, they were the first ones out the door.Getting a broker license isn’t hard. Three hundred bucks for the application. Find a surety company willing to write you a $75,000 bond, which, with decent credit, may cost $700-$1,500 a year. File your paperwork, and you’re in business.Everybody and their cousin wante ...