OT: anyone ever hear of this situation? I found $151 worth of fees debited from my account the other day. Finally got an answer from my broker and was told this:
I sold COLV which is not DTC eligible. Because of this, a normal transfer doesn't happen. It becomes a paper process where you have to get a certificate and have the TA do the transfer. They charged me $75 for the cert transfer, $36 for the TA and a whooping $40 for UPS charge. I was told that there are very few stocks that aren't DTC eligible, but when you sell one that is, these are the fees they charge you. I have been trading for 13 years online and never once had this happen to me before.
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