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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Roger Cordell who wrote (29598)1/4/1998 6:00:00 PM
From: Bill Jackson  Read Replies (1) of 35569
 
Roger. close your margin account, and get a margin account at a reputable broker. It is funny though, as when I buy I get to specify which account, US$ or Canadian, and in addition which of the two of thos, cash or margin. You should be able to specify the account number precisely when you buy, and if they put it in the margin account, a letter to the SEC will sharpen them up. However the problems you have had already indicate to me that they want to establish a pattern for later unauthorised trades in your account. This is set up by account movements that you do not object to in writing. Later on they might make a trade you do not object to in writing. Now they can trade saying they have your verbal authority, and who is to deny it, as you have all this previous history of letting them run it at their discretion.
Have you ever found they made an unauthorised small profitable trade for you? Beginning of the wedge of passive compliance, that they can turn into a carte blanche. I do not know who they are, and they might be honest, so these are just general cautions. Especially watch to see if they try to get you into any illegal activities. This can be used to subsequently muzzle you in a lawsuit, as they could expose the federal crime and conspiracy you committed.

Bill
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