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.
Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?


To: ralfph who wrote (5242)11/19/2003 10:50:34 PM
From: ralfph  Read Replies (3) | Respond to of 8273
 
So I check my account and there is no DMW in it.
So I check my old trades- no DMW there either.
Now I am looking at my cash position trying to figure out if it balances or not.
The only thing I have learned from this is a person needs to have a printout of their account every day. Sure I get a print out once a month . But without an accurate paper trail it would take a lot of ferenzic work to prove that i had been ripped off.

I have heard of this sort of thing happening before.
50,000 vapourizing from an account and the brokerage denying that the cash was ever there.
The discount brokerage for a bank screwing up a trade and then freezing a persons BANK accounts...even though it was the brokerage that screwed up. This caused morgage payments and all sorts of other stuff not to get paid .

I think I am ok but I am not impressed. Twice this month my brokerage CIBC has charged me full service charges for trades I should have recieved a lower rate on.

You guys take care
ralfph