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<TABLE> <S> <C>
<ARTICLE> BD
<LEGEND>
This schedule contains summary financial information extracted from the
Company's Quarterly Report on Form 10-Q/A and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<RESTATED>
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> SEP-30-1999
<CASH> 3,784,689
<RECEIVABLES> 7,721,748
<SECURITIES-RESALE> 12,435,365
<SECURITIES-BORROWED> 0
<INSTRUMENTS-OWNED> 0
<PP&E> 340,471
<TOTAL-ASSETS> 25,029,848
<SHORT-TERM> 0
<PAYABLES> 13,292,305
<REPOS-SOLD> 0
<SECURITIES-LOANED> 0
<INSTRUMENTS-SOLD> 0
<LONG-TERM> 1,000,000
0
0
<COMMON> 12,537
<OTHER-SE> 1,574,858
<TOTAL-LIABILITY-AND-EQUITY> 25,029,848
<TRADING-REVENUE> 4,629,052
<INTEREST-DIVIDENDS> 0
<COMMISSIONS> 20,327,944
<INVESTMENT-BANKING-REVENUES> 220,766
<FEE-REVENUE> 0
<INTEREST-EXPENSE> 0
<COMPENSATION> 15,492,833
<INCOME-PRETAX> 6,047,538
<INCOME-PRE-EXTRAORDINARY> 6,047,538
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 3,249,123
<EPS-BASIC> 0.26
<EPS-DILUTED> 0.24
</TABLE>
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