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Non-Tech : Waterhouse Securities -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (340)3/1/1998 3:10:00 PM
From: Gerald Merna  Read Replies (3) | Respond to of 2076
 
I've been using Waterhouse for quite a while. Lately I noticed that all of my Webbroker OTC-BB trades were costing me a $45 commission. I'm pretty sure that wasn't the case in the past. When I called to ask about it, the rep told me it was because 0TC-BB stocks are considered "pink sheets" and required the services of a live broker. They told me that all I had to do was call after each trade and they would adjust the commission to $12. Anybody familiar with this situation?