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: Paul Shread who wrote (9932)	10/9/1998 11:21:00 AM
From: Mama Bear	Read Replies (1) of 16892

Paul, Datek insurance covers only 100k in cash. Keep in mind that they do not sweep cash into a money market account. A money market fund is a security, not cash. FWIW, I pulled all my money out except for a small amount, and they wired it to my bank in a reasonable period of time. Of course the reason I didn't take it all is because the stupid system wouldn't let me when I tried to withdraw the entire amount. It kept giving the message that the most I could withdraw was the amount which I was trying to withdraw. Datek still owes me some interest for September. I wonder why they can't get that paid in a timely fashion. Barb

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