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 : Webstreet Online Broker (www.webstreet.com) -- Ignore unavailable to you. Want to Upgrade?


To: Daniel Miller who wrote (24)2/3/1999 9:46:00 PM
From: Carl van Rooyen  Respond to of 114
 
If anyone wants verification
of my experiences, please feel free to PM me.
That the circumstances are so outrageous is the reason I'm public with them here. People should know what can happen.
Dan, I was on the receiving end of a mugging. I'm not going quietly.



To: Daniel Miller who wrote (24)2/9/1999 3:21:00 PM
From: Carl van Rooyen  Respond to of 114
 
Regarding your message #24...
Daniel,
I have reviewed my emails and discover I have this horrendous policy stated in writing, which I would be happy to fax to anyone who, like yourself, can't get a straight answer from Web Street.

From Mr. John Putnam at Web Street Securities (this is a direct paste from his email to me, dated 1/23/99):
"Than i explained that your second order was executed as well as your first order and that the clearing corp or market maker could take up to 48 hours to report an execution back and that this though not the usual practice is acceptable in the industry."

Clearly, they expect customers to swallow this nonsense.