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Non-Tech : Online Broker Down - Sue 'em - EGRP, JBOH, AMTD, SCH, NDB

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To: RickT who wrote (30)2/6/1999 9:27:00 PM
From: Hubert Few   of 253
 
You said:"I'm not asking for flames, but is anything ETrade is doing actually illegal?"

No flames here.....the issue of doing trades on margin over a certain percentage of equity is in violation of SEC regs so far as I know. It happened to me on a non-margin account. The other fellow said it happened to him on a percentage many times over his equity.

Anyone???? How serious is this????
(where's a damn lawyer when you need him/her/it?)<g>


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