So puppy, Etrade froze Wiener's account at the SEC's behest but Etrade does not say that...they say they became suspicious of Wiener's trading activity and froze his account on 5th Oct!! What made them suspicious...the trading pattern..why, when the TA approved the Cert??? Why didn't the TA catch the fact that the unlegending was done within 9 days of issuance of the certs?? Besides, if the SEC had alerted ETrade, why did Wiener go to FINRA for arbitration??
( from David ) and The assets were frozen based on the SEC actions taken. ETRADE prohibited Weiner from taking out the funds because of concerns of fraud raised by the SEC.
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