Email from TD Ameritrade 10/5/2021: We would li
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Posted On: 10/07/2021 11:37:31 PM
Email from TD Ameritrade 10/5/2021:
We would like to remind you that new amendments adopted by the U.S. Securities Exchange Commission (SEC) have gone into effect as of September 28, 2021. These amendments restrict the ability of market makers to publish quotations for those companies that have not made required current financial and company information available to regulators and investors.
What this means for your account(s).
You are receiving this notification because you currently hold one or more of the impacted securities in your account. Please note we cannot provide current quotes for these securities, but last trade information will be available.
There is a chance that the impacted companies could come into compliance with the regulatory requirements and OTC markets and be removed from the list. For a current list of all securities (which is subject to change), please visit https://www.tdameritrade.com/retail-en_us/res...101550.pdf
You have multiple options to consider, such as:
Place trades to liquidate. You may place trades to liquidate these securities now. Due to the uncertainty, we cannot guarantee there will be an available quote or sufficient liquidity to close your position(s) in the future.
Transfer your positions to another financial institution. Other U.S. financial institutions are also impacted by this amendment so you may have difficulty transferring them out of TD Ameritrade. If you are interested in transferring the assets, please submit any outgoing transfers requests to us. (These transactions may incur fees or commissions, depending on the asset type.)
Have Questions? Need Any Help?
Please contact the impacted company's Investor Service Team for specific questions on their restriction status. For other account-related questions, please call Client Services at 800-669-3900. We're available 24 hours a day, seven days a week.
Sincerely,
TD Ameritrade Client Services
We would like to remind you that new amendments adopted by the U.S. Securities Exchange Commission (SEC) have gone into effect as of September 28, 2021. These amendments restrict the ability of market makers to publish quotations for those companies that have not made required current financial and company information available to regulators and investors.
What this means for your account(s).
You are receiving this notification because you currently hold one or more of the impacted securities in your account. Please note we cannot provide current quotes for these securities, but last trade information will be available.
There is a chance that the impacted companies could come into compliance with the regulatory requirements and OTC markets and be removed from the list. For a current list of all securities (which is subject to change), please visit https://www.tdameritrade.com/retail-en_us/res...101550.pdf
You have multiple options to consider, such as:
Place trades to liquidate. You may place trades to liquidate these securities now. Due to the uncertainty, we cannot guarantee there will be an available quote or sufficient liquidity to close your position(s) in the future.
Transfer your positions to another financial institution. Other U.S. financial institutions are also impacted by this amendment so you may have difficulty transferring them out of TD Ameritrade. If you are interested in transferring the assets, please submit any outgoing transfers requests to us. (These transactions may incur fees or commissions, depending on the asset type.)
Have Questions? Need Any Help?
Please contact the impacted company's Investor Service Team for specific questions on their restriction status. For other account-related questions, please call Client Services at 800-669-3900. We're available 24 hours a day, seven days a week.
Sincerely,
TD Ameritrade Client Services
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