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just an update. it seems that the nasd contacted etrade. they have closed my acct, completely. i called them today to inquire about how they wanted to handle the situation now that i can't access my acct. to my astonishment the rep told me that they had no records of my acct number. she even...

hey kjkent, thank you for that invaluable commentary. as for more info. hypothetically, let's say you deposit $500 in your account, as little as that money is, you will still be allowed to purchase $30K worth of securities and hold the positions overnight. I don't really day trade so they...

yeah teddy, thats a riot!! thanks for all ur input guys. i still think ill embark on a losing arbitration effort. my advice: don't waste your time with etrade go with ameritrade. I pulled out all my cash from etrade at the end of last week and alerted them about the discrepancy. logged on to...

ur all traders in here and i've been working on the street since last july and till date, i haven't met an honest trader b/c those guys don't stay in business long, so don't tell preach to me about goodness and ethics, your jobs involve pumping in at the lows and dumping at the highs and...

it's really not my problem if they can't get thier margin requirements str8. IF the nasd changed the margin rules, they are s'pose to apply that to thier accountholders. the fee for compliance is tied in with the commission on each trade. I'm an economist not a lawyer, so I don't have time to be...

A glitch in Etrade's trading system has allowed me to continue trading at margin ratios well over 8-1 even though i don't have anywhere close to 25K in my account. can etrade be held liable for my losses??