$Bed Bath & Beyond (BBBYQ.US)$ Emperor@dr_munki [Share Link:...
$Bed Bath & Beyond (BBBYQ.US)$ Emperor@dr_munki
#BBBYQ may have had shares sold from their broker accounts -- if this is the case without express authorization from the account holder then this is against FINRA rules and it is called 'unauthorized trading'. I am not an expert, just wanting to be proactive in preparing for a fight. I'd love to see this not be a problem and shares suddenly reappear in everyone's accounts, but here we are until we see that. If the account is discretionary (you give prior permission) or a margin account where you have already been margin called then they can sell without permission. However, if you have real shares in a normal non-discretionary cash account then they have committed fraud. There have been numerous examples of shares from liquidated compares remaining in broker accounts years after being deemed worthless. This is because the shares are not removed unless requested with the authorization given. In my opinion, the brokers are pulling shares out of accounts for shares counting before new shares are issued. In the cases now where brokers have 'sold' shares in a market that doesn't exist anymore, or 'sold' the shares to themselves at a price of $0, or what other nonsense they are telling people then this is securities fraud. Yes for many other brokers, they have stated nothing and the shares were just removed. "FINRA Rules 2510(b) and 2020 explicitly prohibit brokers from making discretionary trades in a customers' non-discretionary accounts. The SEC has also found that unauthorized trading violates just and equitable principles of trade and constitutes a violations of Rules 10b and 10b-5 due to its fraudulent nature. As one court summed up, no omission could be more material than the failure to inform the investor of his purchases and sales." https://ganalawfirm.com/unauthorized-trading.html… FINRA rules also state that in any case of suspected fraud, you as the account holder can immediately demand to speak with the 'branch manager' who must take your call. Please do this, but I will also recommend following up on any calls you have by writing them an email to confirm everything. For the USA it says that FINRA can provide arbitration to resolve these issues. Interesting that this topic turned up recently with Platinum, who is now pushing recruitment of that in SS. As well as Platinum stated that people should write to their brokers to liquidate their positions for tax reasons.
#BBBYQ may have had shares sold from their broker accounts -- if this is the case without express authorization from the account holder then this is against FINRA rules and it is called 'unauthorized trading'. I am not an expert, just wanting to be proactive in preparing for a fight. I'd love to see this not be a problem and shares suddenly reappear in everyone's accounts, but here we are until we see that. If the account is discretionary (you give prior permission) or a margin account where you have already been margin called then they can sell without permission. However, if you have real shares in a normal non-discretionary cash account then they have committed fraud. There have been numerous examples of shares from liquidated compares remaining in broker accounts years after being deemed worthless. This is because the shares are not removed unless requested with the authorization given. In my opinion, the brokers are pulling shares out of accounts for shares counting before new shares are issued. In the cases now where brokers have 'sold' shares in a market that doesn't exist anymore, or 'sold' the shares to themselves at a price of $0, or what other nonsense they are telling people then this is securities fraud. Yes for many other brokers, they have stated nothing and the shares were just removed. "FINRA Rules 2510(b) and 2020 explicitly prohibit brokers from making discretionary trades in a customers' non-discretionary accounts. The SEC has also found that unauthorized trading violates just and equitable principles of trade and constitutes a violations of Rules 10b and 10b-5 due to its fraudulent nature. As one court summed up, no omission could be more material than the failure to inform the investor of his purchases and sales." https://ganalawfirm.com/unauthorized-trading.html… FINRA rules also state that in any case of suspected fraud, you as the account holder can immediately demand to speak with the 'branch manager' who must take your call. Please do this, but I will also recommend following up on any calls you have by writing them an email to confirm everything. For the USA it says that FINRA can provide arbitration to resolve these issues. Interesting that this topic turned up recently with Platinum, who is now pushing recruitment of that in SS. As well as Platinum stated that people should write to their brokers to liquidate their positions for tax reasons.
you are a disgusting fraud. I would like to point out that for UK people like me, I will be contacting the Financial Ombudsman Service if my broker doesn't respond adequately to my complaint letter. I have already written to my broker and they assured me that new stock would be issued, but now I will write a new letter with the correct terms that they have committed securities fraud by unauthorized trading. https://financial-ombudsman.org.uk/businesses/complaints-deal/investments/stocks-shares…
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Biden2024 : You have no idea how anything works. At all.