Complaint #1651029 submitted on 11/11/2015 relating to Scottrade Bank. Complaint relates to Bank account or service Checking account - Account opening, closing, or management .
Complaint was submitted via Web and sent to the company on Wednesday 11th November 2015.
After my complaint to ConsumerAffairs on XX/XX/2009, I have filed my complaint to SEC on XX/XX/2009 to get their attention, because what Scottrade did might cause their customer loss like me. After Scottrade rejected my request for their response in writing ( They said that they only give me when SEC inquiry to them ), I faxed my written request to Scottrade branch and ask them to forward to their compliance department for writing their response.
I have sold some of my stocks on XX/XX/2009 and sold all rest stock on XX/XX/2009. Those fund about {$3000.00} from sold stocks on XX/XX/2009 should be available in yesterday ( XX/XX/2009, XXXX ), but today ( XX/XX/2009 ) I have found that my fund is still not available to me due to Scottrade freezing those fund. I called Scottrade branch and they said that those fund should have available but then they changed to that my fund, including those sold on XX/XX/2009, will only available to me on XX/XX/2009 ( XXXX for my XXXX stocks selling ).
Scottrade freezes all my fund without any legitimated reason. And I plan to pull all my fund out and to file a second complaint to SEC. I believe that this event should let all investors know, therefore, I file this complaint to ConsumerAffairs again.
Company | Scottrade Bank |
Complaint ID | 1651029 |
Date Received | 11/11/2015 |
Product | Bank account or service Checking account |
Issue | Account opening, closing, or management |
State/ZIP Code | MO 631XX |
Consumer Consent | Consent provided |
Company Public Response | |
Company Response To Customer | Closed |
Submitted | Web 11/11/2015 |
Result | Timely Response: Yes, Consumer Disputed: No |
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