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29YEARINVESTOR

07/29/21 8:20 AM

#75218 RE: Fdc4 #75198

YES! TD ATURD IS A TURD! They have done many clients wrong IMO.
Case-n-point a stock gave us a restricted dividend of a spin off company.
A little over a year later the stock GCAN merged with green C a private co and there lawyer filed all the correct paperwork to remove the restriction. Etrade and other brokers removed there clients restriction free of charge and let us trade it.
TD Aturd held there clients shares hostage and would only let them unrestricted and trade them if the client paid them a $600 fee.
https://www.reddit.com/r/tdameritrade/comments/lkhylv/td_ameritrade_is_holding_my_account_hostage/
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LoveAndLight

07/29/21 3:38 PM

#75356 RE: Fdc4 #75198

Yes for sure I totally agree with you that it's lame for TDA to put their own broker restrictions on all those OTC stocks ahead of the new SEC restrictions in September. There was no good reason for that, other than maybe TDA is in cahoots with market makers who are shorting all those stocks. It could be a fixed and rigged game. They know if they place those restrictions earlier that the price of all those OTC stocks which are affected will go down a lot with people only being able to sell. So the market makers can buy to cover at much lower prices just before the September 28th deadline. Putting their own broker restriction in place on August 13th gives their market makers an additional 6 weeks to lower the stock prices of their multi-million dollar OTC short positions. It's a damn racket! :-(
But at least I am glad I'm holding $RGBP which is a company and stock that I believe I can count on 100% to come out of all this being current at some point knowing they are working on fixing that and all will work out to be just fine. :-)

Blessings and best wishes,
LoveAndLight :-)