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Re: Enterprising Investor post# 9

Friday, 12/18/2015 2:57:59 PM

Friday, December 18, 2015 2:57:59 PM

Post# of 16
Thanks EI, but hang on this got interesting it seems...

I was cashed out fine in one account at TradeKing which I had added that morning to make a full position....

...however when I added some shares in my Interactive Brokers account I was NOT cashed out due to settlement reasons (t+3).

It's odd that the discretion seemed to be to the broker to handle it, the wording in the filing was "We intend that Stock held in street name, through a broker, bank or other nominee, will be treated in the same manner" so I suppose it allows it to happen.

-V

Twitter: @VincePagano