<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> 3-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> MAR-31-2000
<CASH> 1,123,413
<RECEIVABLES> 6,478,162
<SECURITIES-RESALE> 7,563,189
<SECURITIES-BORROWED> 0
<INSTRUMENTS-OWNED> 0
<PP&E> 333,392
<TOTAL-ASSETS> 17,522,282
<SHORT-TERM> 0
<PAYABLES> 5,759,808
<REPOS-SOLD> 0
<SECURITIES-LOANED> 0
<INSTRUMENTS-SOLD> 0
<LONG-TERM> 1,000,000
0
0
<COMMON> 12,537
<OTHER-SE> 1,669,473
<TOTAL-LIABILITY-AND-EQUITY> 17,522,282
<TRADING-REVENUE> 70,390
<INTEREST-DIVIDENDS> 0
<COMMISSIONS> 8,516,778
<INVESTMENT-BANKING-REVENUES> 1,071,165
<FEE-REVENUE> 0
<INTEREST-EXPENSE> 0
<COMPENSATION> 6,311,019
<INCOME-PRETAX> 1,373,372
<INCOME-PRE-EXTRAORDINARY> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 658,325
<EPS-BASIC> 0.05
<EPS-DILUTED> 0.05
</TABLE>