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Freeman Welwood - a Seattle-area stock broker. Don't bother opening an
account. I will be closing mine.
Last Friday I asked them to wire some money to my futures account. Monday
the guy called back and needed to clarify the wiring instructions. Wednesday
he called and said it still hadn't gone out, it was their policy "not to
wire funds to other brokerage accounts".
It's a pathetic attempt not to encourage competition. Too bad they were too
stupid to realize it was a
FUTURES broker anyway. They told me I could pick up a check and have the
bank wire it!! By then it would have been Thursday.
I went nonlinear. What if I'd had a margin call????? Naturally there was no
mention of this or any other of their obnoxious policies in the account
documents. I finally got them to send the wire after several extremely
agitated phone calls. But the guy insisted it was "just this once".
I'll probably just close out the rest of the account so they won't have to
do me any more special favors. This maggot company can rot in hell as far as
I'm concerned.
rgds phil
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