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Alias Born | 05/27/2009 |
Wednesday, March 10, 2010 6:41:37 PM
"I am responding to your recent complaint regarding the trading restrictions we placed on American Scientific Resources (ASFX). I also left you a voice message on 12/24/09, and know you are away until 1/4/10, and may not receive my message until that time.
I understand your frustrations with our business decision to restrict ASFX. At the time you acquired your position through us, clearly there were no potentially unusual risks associated with this security. I respectfully disagree with your characterization of TD AMERITRADE manipulating the stock. TD AMERITRADE is not a market maker and the price of the security has no consequence to our firm.
The decision to place trading restrictions on certain securities is done to protect both our client's and our firm from additional risks. Although many client's are willing to accept additional risk, we are not. These decisions are not taken lightly and are within our legal right to do so.
We do appreciate you as a client, and I apologize I can not provide you a higher level of detail as to why the trading restriction was placed. Upon your return, I welcome you to call me if you wish to discuss further. My number is 888-723-8504, ext. 4746.
Regards,
Brian Tessman - Senior Research Analyst
Office of the President
TD AMERITRADE Holding Corporation "
If the gave us NO notice of "BUY only freeze" they manipulated the buying pressure for all TD who PREVIOUSLY had positions.
MANIPULATION !!!
We're back on the road up any way...
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