Old Dec 10, 08, 2:00 pm
Original Member
Join Date: May 1998
Posts: 2,409
Originally Posted by Boraxo View Post
I used to work for the SEC - I'm not aware of that rule. In fact I have a SmithBarney account that hasn't done a transaction in years. Of course, I don't know all the rules, and they change periodically...
Could be a rule that a broker can use at its option. Or could be that the rep was mistaken, though he was reading something from his computer after he typed in an inquiry.
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