Datek Brokerage $9.95 a trade Message Board

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Non-Tech : Datek Brokerage $9.95 a trade

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To: Bob Wassel who wrote (6063)	11/21/1997 4:11:00 PM
From: Jack Zahran	Read Replies (1) of 16892

Bob, many investors actually buy into Datek's statement that they are not responsible when their system fails and you can't get through to them by phone or e-mail. If that is the case with anyone, you have a very good chance of winning in arbitration. There are other situations that Datek is responsible for as well, such as if you make a trade based on wrong information your broker gave you. This is a basic violation. Some have made a trade which they received confirmation for (by the Daily activity page and/or e-mail confirm), and then traded the security again. Only to find out well afterwards that the initial trade really didn't occur. In cases like this, the Broker is held responsible. I hope the above helps. JZ

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