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Re: 1vman post# 36138

Tuesday, 12/01/2020 8:20:56 PM

Tuesday, December 01, 2020 8:20:56 PM

Post# of 37495
***** Caveat Emptor Securities Hit with a Big Setback-- OMHE IS LABELLED CAVEAT EMPTOR -- WHOOPS


Last week, E*TRADE, a subsidiary of Morgan Stanley, which offers an electronic trading platform to trade financial assets including common stocks, announced that effective November 21, 2020, customers will no longer be able to open positions in Caveat Emptor securities due to the risks associated with trading shares in these companies.

E*TRADE further stated that Caveat Emptor securities currently held in accounts will be set to liquidation only, meaning you may close or continue to hold existing positions but no new or additional positions may be added. E*TRADE will also prohibit deposits and transfers in Caveat Emptor securities as of the effective date. The full statement can be found on the E*TRADE website.


This is a big hit to Caveat Emptor securities, many of which had become easier and more common to trade because of recent moves made by OTC Markets Group, including the creation of the Expert Market.



https://www.securitieslawyer101.com/2020/caveat-emptor-securities-hit-with-a-big-setback/

NO NEW OR ADDITIONAL POSTIONS MAY BE ADDED --- THAT MEANS NO BUYS


ENOUGH SAID

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