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kevindenver

07/09/21 9:00 AM

#288736 RE: GP65 #288734

It's common for a broker to not accept SELL orders until shares are confirmed by the transfer agent or DTC, but new buys with cleared cash should be accepted.

Maybe I needed to clarify "tradable" on buy side versus sell side.

So TDA won't allow you to sell?

Now did a broker tell you this and did they use the phrase "front" the shares? As an ex-trading manager, I can tell you that doesn't sound correct, but every firm has their own policies to manage risks.