SI
SI
discoversearch

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.
Microcap & Penny Stocks : INFE ... Infocall another Sleeper

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: macker who wrote (2846)6/3/1998 6:52:00 PM
From: OFW  Read Replies (2) of 10343
 
E-Trade's written response regarding safekeeping:

I just received this email response from E-Trade after I requested confirmation that any ICVI or INFE shares in my account NOT be loaned.

Please rest assure that you securities are not loaned out to other clients. Since you have a cash account, we cannot let others borrow the stocks from you.

Of course, just because they say it doesn't make it so. I did, however, note their use of the word "clients" --- obviously other brokerage houses or MM's are not "clients" --- hmmmmmmmmmm?

Offie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext