"Consumer Reviews on Companies, Products and Services"

USER REVIEWS (Not Happy with E Trade)

E Trade Securities
Ronald Smith October 27, 2010
E Trade Securities insists on a Medallion signature guarantee befoe they will allow a brokerage account to be transferred away from the firm even when going to an identically registered accoutn at another firm. I UNDERSTAND THAT THIS IS NOT COMMON INDUSTRY PRACTICE AND I THEREFORE VIEW IT AS OBSTRUCTIONIST AND UNREASONABLE. Medallion signature guarantess ae difficult to obtain. If I want one from my local bank, they are being asked to incur the risk of considerable liability for a transaction they are not a party to. My bank, PNC, will not... read full review »
Filled under: Business & Finances Location: United States

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