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retiredMM

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retiredMM

Re: Rocky62 post# 1572

Monday, 11/08/2010 8:16:55 AM

Monday, November 08, 2010 8:16:55 AM

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Rocky

Etrade has very strict regulations about using funds that have not settled yey. They will usually restrict your account for a period of time (not sure how long) or until you bring your account value to $25K. If you have an account with another firm you can tell them that you will transfer funds or shares into your Etrade account and that would probably suffice. You can plead ignorance but I don't think it will work.
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