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.
Non-Tech : Online Broker Down - Sue 'em - EGRP, JBOH, AMTD, SCH, NDB
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Harry Hamlen who wrote (153)2/11/1999 10:14:00 PM
From: VLAD  Read Replies (1) of 253
 
Harry,

The rules governing dealing with E-trade are simple. If they screw you over and you can't get any satisfaction from a supervisor via phone then you must write them a formal letter explaining your side of the story (keep a copy). They will respond in 2 weeks with their own letter basically either offering you less than what you thought was fair or nothing. You then can send a copy of both letters to the NASD in New York along with a claim stating what damages you are seeking. For about $150.00 in filing fees(you will ask for reimbersement from E-trade as part of your claim) they will review your claim. Claims under 10k are settled quickly by one arbitrator without a hearing if you chose. If you want a hearing it costs more and then they will hold an in person hearing. I still haven't filed my claim (mostly out of procrastination and hoping that E-trade would mail me my phone call tape transcripts that are now 3 1/2 months overdue) but hope to write it up and mail it out by tomorrow.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News