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Non-Tech : Online Broker Down - Sue 'em - EGRP, JBOH, AMTD, SCH, NDB -- Ignore unavailable to you. Want to Upgrade?

To: RickT who wrote (30)2/5/1999 10:18:00 PM
From: mfseasy  Respond to of 253
 
Frustrating, probably, but I also signed on the dotted line and didnt read the fine print. Advertising may be misleading, but ask an attorney. A lot of money has been lost, so there is some inherent problem legal or not.



To: RickT who wrote (30)2/6/1999 9:27:00 PM
From: Hubert Few  Respond to of 253
 
You said:"I'm not asking for flames, but is anything ETrade is doing actually illegal?"

No flames here.....the issue of doing trades on margin over a certain percentage of equity is in violation of SEC regs so far as I know. It happened to me on a non-margin account. The other fellow said it happened to him on a percentage many times over his equity.

Anyone???? How serious is this????
(where's a damn lawyer when you need him/her/it?)<g>




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