Tuesday, May 25, 2021 9:00:41 AM
I knew TDA was going to restrict buy orders on CE stocks as of today, but even E-trade won't let me place a buy order for ALMY. I would think about trying to catch some cheapies, but I can't place buy orders with either of my brokers now. I'm curious if other brokers have done the same.
The last communication I got from E-Trade is about changes coming on September 28, 2021:
New rules will affect your ability to buy and sell “Pink No Information” securities, including at E*TRADE
On September 28, 2021, new requirements take effect that will impact the market for—and value of—certain “over-the-counter (OTC) securities” you currently hold or have held in the past. The new rules apply to “Pink No Information” OTC securities of companies that fail to publicly report and keep current financial and other company information and will restrict the ability of U.S. brokers, like E*TRADE from making these products generally available.
JMHO. DYODD. "An investment in knowledge pays the best interest." - Benjamin Franklin
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