BCAP Trading For Anyone Using a Fidelity account:
Post# of 16816
Posted On: 07/21/2014 11:59:39 AM
BCAP Trading For Anyone Using a Fidelity account:
As of July 1, 2014 Fidelity changed its internal policies so it no longer permits buying of securities with a Caveat Emptor designation. This is as per FINRA reg 09-05.
Fidelity told me that as soon as the Caveat Emptor is removed trading can resume.
Matt will be releasing financials sometime this week, so trading via Fidelity, Scottrade and other brokerages with similar policies will resume when BCAP has a Limited symbol (won't even have to wait for Pink Current).
As of July 1, 2014 Fidelity changed its internal policies so it no longer permits buying of securities with a Caveat Emptor designation. This is as per FINRA reg 09-05.
Fidelity told me that as soon as the Caveat Emptor is removed trading can resume.
Matt will be releasing financials sometime this week, so trading via Fidelity, Scottrade and other brokerages with similar policies will resume when BCAP has a Limited symbol (won't even have to wait for Pink Current).
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