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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?


To: nick nelson who wrote (13197)9/19/1999 3:41:00 PM
From: nick nelson  Read Replies (2) | Respond to of 16892
 
Is anyone else "locked-out" from changing or verifying their Datek wire transfer instructions?

<<The Commission has previously cautioned broker-dealers (during the back-office problems of the late 1960s) that accepting or executing orders without adequate order-handling capacity would violate the anti-fraud provisions of the securities laws. "The Commission also warns broker-dealers that it is a violation of applicable anti-fraud provisions for a broker-dealer to accept or execute any order for the purchase or sale of a security or to induce or attempt to induce such purchase or sale, if he does not have the personnel and facilities to enable him to promptly execute and consummate all of his securities transactions." Securities Exchange Act Release No. 8363 (July 29, 1968), 33 FR 11150 (August 7, 1968).>>

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