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Author Topic: Goverment may take action against ameritrade
triovestor
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It took many many months but the United states government is looking at turning Ameritrades records inside out . Implimenting huge fines and enforcing the correction to the few remaining clients who's accounts were wrongfully shorted back in june/ july of 2006 . The wrongfull shorting took place as an Ameritrde employee traded through orders that were restricted for trading . Brokers handel all trades for their clients and so it is upto them to abide by and take responsibility for untimely trades . The laws are not designed to protect Ameritrade from this . People have waited a long time for justice on the " Ameritrade wrongfull shorting of paim shares " and justice will come . It is not upto Ameritrade and what they want ..... It is what the Govenment says must be done to correct these remaining clients accounts . Contact the S.E.C. for further information .
Posts: 388 | From: redlands | Registered: Jul 2006  |  IP: Logged | Report this post to a Moderator
lostone
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good luck.. i doubt much will come of it..

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lostone

Posts: 2666 | From: san jose,ca usa | Registered: Sep 2002  |  IP: Logged | Report this post to a Moderator
triovestor
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Something is already coming from it . My cousins account has just been corrected by Ameritrade . They put a rather large amount of cash in his account but he also wants an amount for not having use of those funds to trade with all these months .
Posts: 388 | From: redlands | Registered: Jul 2006  |  IP: Logged | Report this post to a Moderator
ed19363
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Greed makes the world go round.

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If I give you bad information, please feel free to sue me. I have nothing left anyway.
Ed

Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004  |  IP: Logged | Report this post to a Moderator
   

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