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Non-Tech : Waterhouse Securities

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To: Pink Minion who wrote (1357)6/10/1999 1:49:00 PM
From: Mama Bear  Read Replies (2) of 2076
 
Mshater, no, I've never attempted to trade a BB in my life. This only because the BB is such a minefield. But to your dilemma: It seems to me that if Waterhouse accepted an order to short sell the stocks that you place in good faith that they should not 'pocket the difference'. If, however, you sold the shares from type 1 checking 'shares not at Waterhouse' I wouldn't see any recourse. If I were you I would first call my branch manager and have a nice heart to heart. If that doesn't work, a call to the compliance dept in New York is in order. If the branch manager gives you the run around you might say, let's see, is 212-806-3500 still the number for compliance, and is Arnold Feist still in charge? #reply-6541786

Barb
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