Ask Vendit Off-Topic Questions Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ask Vendit Off-Topic Questions

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MJ who wrote (8257)	4/30/2005 3:46:32 PM
From: Vendit™	Read Replies (1) of 8752

They have no say so in which ones you are selling, even if you do not declare. Your oldest shares have to be sold first by law because that is what the what the tax code states. No phone call or email confirmation is needed. They would be breaking federal law if they did otherwise. You are in control with this issue and should not be charged but they have the right to charge you if you call them. Does that make sense? FIFO accounting is how your shares will be sold unless you have asked the brokerage house to handle things differently. Reid

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next