Friday, October 31, 2014 10:20:44 AM
You are unable to place opening trades for ATRN because it is a Caveat Emptor security. Caveat Emptor is Latin for "Let the buyer beware." Caveat Emptor securities trade in the Over the Counter (OTC) marketplace. The OTC markets organize their securities into tiers based on the quality and quantity of information the companies make available. Caveat Emptor is considered the lowest tier security in the OTC market. Fidelity does not permit customers to make new purchases of securities that carry the OTC market tier of Caveat Emptor. This change went into effect July 1, 2014, as we regularly review our internal policies in an effort to ensure that they are consistent with industry standards and regulatory requirements.
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