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Alias Born 07/15/2003

Re: vision2b post# 2815

Tuesday, 08/05/2003 10:12:06 PM

Tuesday, August 05, 2003 10:12:06 PM

Post# of 82595
I think this has been an SEC rule for some time, but Ameritrade only started enforcing it around the first of June.
I got cought with my pants down one time and had to wait five days before funds from a sale were settled. I think this may be their way of protecting themselves from getting caught short. I never changed my account to a margin account. I'm just a little more careful now. gene