I would call BS on that line of thinking, but I mean no offense to you personally. I would, and have, consistently rated Charles Schwab as a far more legit and discerning brokerage than Etrade over the years. I have my Schwab divi, and their "special securities division" took time looking into the dividend prior to my having received it. Doesn't mean that UNGS isn't a complete scam though; which I firmly believe it is, sadly.