InvestorsHub Logo
Followers 1
Posts 268
Boards Moderated 0
Alias Born 01/17/2007

Re: None

Friday, 02/02/2007 11:52:38 AM

Friday, February 02, 2007 11:52:38 AM

Post# of 162847
Finally got a reply from Scottrade about the online buying restrictions. Sounds like a generic response to me...I will try to get some more out of them. Copy of email:

Dear Client,

Thank you for your e-mail. Due to unusual and/or suspicious trading in penny stocks, it is occasionally necessary for Scottrade to temporarily restrict online purchases. There is no set time that these restrictions are in place. Please note that these restrictions are temporary and they do not prevent investors from selling these securities online or purchasing these securities at the internet commission rate through your local Scottrade branch office.

You may obtain the telephone number of your local Scottrade branch office through our home page under branch locator - http://www.scottrade.com/online_brokerage_firm_locator/

Should you have any further questions, please reply to this e-mail or contact your local branch office.

Thanks,
Jeremy Kearns
Call Center

Scottrade Inc.
www.scottrade.com

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.