[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[RT] Re: INTRUST Update



PureBytes Links

Trading Reference Links

> While much of the info in this post is correct,the "informed
> person" I spoke to at The Banking Dept.,namely the liason named at
> the Intrust site state: 

My broker called me after talking to one of their officers (EDF Man) 
and gave me this additional information:

* You cannot transfer funds in or out of these accounts.
  (No surprise.)

* Therefore, you cannot TRADE these accounts.  They don't want to
  risk a margin call, since there's no way to meet it.

> C.Why no Federal comment.This is a Federal crime.

Mighty good question.  I assume we will hear about Fed involvement as 
this thing unfolds.

Gary