None of the specific questions in my email were addressed. Just the same old blah, blah, blah.
Before we restrict a stock to closing transactions only, we closely evaluate the situation with that stock. TD AMERITRADE takes the decision to restrict trading very seriously, and only does so for valid reasons.
Often, we will initially cause all trades to be reviewed first, before we actually restrict the ability to open transactions on that security. While we cannot go into the specific reasons for this restriction, we strongly believe it's in the best interests of our clients and our firm to do so.
Sincerely,
Eric B.
Manager, TD AMERITRADE
Division of TD AMERITRADE, Inc.