Dallas66 Good job can you believe
That after one year we still are STILL having problems with CERTAIN BROKERAGES. Mainly TDAAmeritrade, Scottrade and E-Trade. The same one's a year ago.
Well here we go again with the SEC Complaints.
People move your Restricted PAVC Certs when you receive them out of these firms into Bank of America or any other brokerage firm that is not corrupt.
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Just got off the phone with aturd reorg dept. They stated they have NOT received the certs from the TA and do not know when they will arrive. I also enquired as to why I am unable to purchase PAVC securities. They stated "TDAmeritrade has chosen to restrict opening positions on this security for compliance reasons". Soooooo...I asked what those compliance failures might be. Response..."I don't know...the compliance department determined that". I asked to be transferred to the compliance department so that I might speak with one of their representatives to get a better understanding of the reasoning for resticting buys of PAVC. The response..."They don't have a phone" After I stopped laughing, I told the young lady I would be filing a complaint with the SEC and of course include her name as the person giving me this information. She quickly informed me she was only "passing along" what she was told, and I could certainly email them for more detailed information.
This is my email to TDAmeritrade:
To whom it may concern:
I am currently a holder of PAIVIS, (ticker symbol PAVC) securities. I have on several recent occasions attempted to purchase additional shares of this security using my account with TDAmeritrade. Each time I attempt to purchase this security, I receive a message stating this security is restricted, and my purchase order is immediately canceled. I purchased this security in the past through my account, and now am unable to purchase.
I called your customer service dept. and was transferred to the re-org dept. and spoke with Lisa. Lisa informed me that this security is currently restricted due to "compliance issues". I asked her to explain this, and she simply stated that TDAmeritrade was restricted and I would have to communicate with the compliance dept. as she was unable to give me a valid reason for this restriction.
I asked Lisa to transfer me to the compliance dept. and she informed me that dept. has no phone. I then asked Lisa to have a senior manager speak with me, or a VP within the company. Lisa informed me her manager was not available and she had no VP I could speak with. I then asked Lisa to take my name and number and have a manager or VP call me to discuss this issue. Lisa informed me I could email TDAmeritrade with any questions or concerns I have.
I informed Lisa I would be sending an email to TDAmeritrade involving our discussion, along with a copy of the email in my complaint to the SEC.
I am looking forward to your response/reasoning for this restriction.
Have a great day.
AI
