Zeev's Turnips Patch-No Politics (ZEEV)

[Kimono]

Newly, that's what I meant to say, 3 days for the proceeds to clear. I have the same thing. I wish they would change it and I can't imagine why they wouldn't want to, afterall, it only means more commissions for them. The problem with me doing it so often in the IRA is that I hold a fair amount of stuff longer term, so there isn't a lot of cleared funds. I have occasionally bought with uncleared funds, and that's where the problem comes in -- if you sell it before the 3 days for clearing the purchase, that is called a free ride too. Kind of disgusting, if the market suddenly turns on you or news comes out on something that you want to bail on. Makes stops dangerous too. Does your broker do the same if you happened to dip into uncleared funds?