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Old Jul 15, 2002 | 11:29 am
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westie2
 
Join Date: Apr 2001
Location: Kensington, CT, USA
Posts: 97
E*Trade

I originally opened an E*Trade account under a promotion with Northwest Airlines. I received the following notice: E*TRADE Securities, Incorporated will reorganize and be renamed E*TRADE Securities LLC ("E*TRADE
Securities"). On September 3, 2002, E*TRADE Clearing LLC ("E*TRADE Clearing") will become our clearing firm and perform
centralized cashiering, bookkeeping, and execution functions for our cash and margin accounts. E*TRADE Clearing also is a
wholly-owned indirect subsidiary of E*TRADE Group, Inc.

Does anyone know what E*Trade is reorganizing and should I consider moving my account?
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