Followers | 1718 |
Posts | 24666 |
Boards Moderated | 10 |
Alias Born | 04/04/2017 |
![](https://investorshub.advfn.com/uicon/608300.png?cb=1700416133)
Wednesday, May 03, 2023 9:32:42 PM
May 3, 2023
Dear TDAmeritrade: I have received your letters April 27th dated April 20th about your intention to close my accounts #### and my IRA ####. There is no explanation given as to why you are ending our business relationship and I received no warning that you were going to restrict my buying which has cost me loss of opportunity to buy tech stock options before the earnings reports.
I have searched extensively to find another broker who will allow my transfer out of TDA but none will allow the transfer of all my OTC stock positions, I will be trying to transfer to Fidelity soon but even then I think Fidelity will not allow the transfer of my OTC Caveat Emptor(CE) and Expert Market(EM) positions that TDA has allowed me to purchase with my TDA Accounts.
Let this certified letter to you serve as official notice to TD Ameritrade NOT to liquidate my accounts for any reason as this would cause me significant long term losses and DO NOT send me stock certificates because like TDA no other broker I can find will accept stock certificates of OTC CE and/or EM tickers. Even if you receive notice from Fidelity stating it's OK to liquidate my stock positions for transfer consider it as a mistake by Fidelity and under no circumstances am I authorizing any sale, liquidation, or stock certificate conversion of my stock position holdings in my accounts with TD Ameritrade which would be a clear violation of TDA's fiduciary duties.
I did purchase many of these positions through TD Ameritrade prior to the SEC's CE and EM buying ban in Sept 2021 and now they cannot be bought back. So if Fidelity won't accept the transfer of these CE and EM securities I request to please keep my TD Ameritrade account open at least for the closing of these CE and EM positions since it was TD Ameritrade who allowed me to buy these stocks in the first place. You have already cut off my ability to buy with no warning.
It is my assumption, unless you disagree and can provide a written explanation, that the recent purchase of TDA by Charles Schwab has caused you to end our business relationship most likely because of the many number of OTC CE and EM positions I currently own in my TDA accounts.
Sincerely, ####
Buy and sell at your own risk, I am not a financial advisor, all my posts are for entertainment only, enter at your own risk!
Recent DPLS News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/15/2024 08:59:54 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 07/15/2024 08:32:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/29/2024 02:36:39 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 05/24/2024 09:15:16 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 02/09/2024 03:56:55 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 09:25:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/03/2024 07:14:41 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 12/18/2023 09:39:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/13/2023 08:18:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 05:00:09 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/15/2023 10:16:05 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 05:55:23 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 11/14/2023 05:15:11 AM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 11/07/2023 09:29:36 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 10/20/2023 09:17:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/10/2023 12:04:50 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/03/2023 07:51:11 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/22/2023 08:41:26 PM
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 08/31/2023 09:19:17 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 08:32:12 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2023 05:01:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/03/2023 08:10:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2023 06:32:59 PM
FEATURED ELEMENT79 GOLD CORP PROVIDES UPDATE ON CHACHAS COMMUNITY CHARTER AND REVENUE GENERATION, M&A ACTIVITIES • Jul 30, 2024 8:00 AM
Avant Technologies Opens Equity Line with GHS Investments as Company Explores Expansion into Additional Technologies • AVAI • Jul 30, 2024 8:00 AM
INDEXR AI Merges With Moon Equity Holdings Corp. (MONI), Creating a Leading-edge Technology Company • MONI • Jul 29, 2024 9:59 AM
Cannabix Technologies to Deliver Innovative Breath Logix Alcohol Screening Device to Texas, USA • BLOZF • Jul 29, 2024 9:07 AM
BNCM AND DELEX UNVEIL POST-MERGER MANAGEMENT PLANS • BNCM • Jul 29, 2024 9:00 AM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM