T/A update July 31
Today I found out the following,
Scottrade submitted some more documents, I will follow up on Weds to see if it is the rquested Info that the T/A needs.
IRA Accounts, it seems that the Brokers are telling clients that the Restricted Paiv shares from the JPHC merger in your IRA Account will be posted and held by the Brokerage Firm you do business with in your IRA Account.
Not so fast the IRA Shares may be sent to you the same way they will be sent as in your Regular Account bt the T/A. It is being looked into by expeirenced People. So the IRA as of now is a Question on how it is to be handled.
Ameritrade is still telling the T/A that Ameritrade will be holding all the Restricted Paiv Shares, imagine that!. No way will this happen and anyone with Ameritrade should do a SEC Complaint right away IMO for not cooperating with the T/A.
It seems as if some Brokerages are trying to make side deals with some of their JPHC Clients for some kind of settlement which takes the Brokerages of the Hook. Now why would they do this?
Because they are SCARED and know they did wrong.
This IMO is Illegal and if any Brokerage attempts to settle with you in this fashion get names of the parties involved and report them to the SEC right away.
The links are below. Keep the pressure on your Compliance Dept and write the SEC with a Complant, everyday if you have to.
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By: same53
31 Jul 2006, 11:01 AM EDT Msg. 11894 of 11968
(Msg. is a reply to 11864 by tflys1.)
tflys1 Yes, here is Info
29 Jul 2006, 11:58 AM EDT
Msg. 11805 of 11892
(This msg. is a reply to 11804 by same53.)
Jump to msg. #
Repost Scottrade July 27 Update With T/A Info needed
Scottrade sent documents to the T/A.
This is what is missing,
One
Scottrade has not sent in their RECORD POSISTION on JPHC as requested by the T/A. May 11 and May 23 are the dates needed and were requested by the T/A.
Two
Scottrade did not provide the JPHC to Paiv CONVERSION Calulations as requested.
Without these the T/A can not issue us our PAIV Restricted Shares.
Use this post Copy and Paste it in an e-mail to Scottrade requesting they cooperate with the T/A Jack Donnelly and send the T/A the above information.
This has been two months now.
Here are Links and phone numbers do a SEC and NASD Complaint, Call the Compliance Dept Scottrade, Call and verify with the T/A.
NASD phone # 1-203-375-9609
www.nasd.com/index.htmSEC Complaint Link
www.sec.gov/complaint/selectconduct.shtmlPaiv Transfer Agent at Phone #1- 303-783-9055
Scottrade Compliance Dept Phone # 1-800-888-1980 EXT 1900.