Financial Information required by the SEC

AtomicPiss

I have an IRA with Wealthfront.com. They sent me a message that the SEC was requiring them to verify info with me, including exactly how much liquid cash I have available.

WTF????

doogie

Sounds like a sell signal.

or puts

doogie

Sizing up the amount of aggregate free cash before/after the crash?

...after they seize/freeze “your” account(s)(everyone’s)

Then we wait while Congress fixes the problem. Meanwhile, you carry on with your aggregate free cash. No, not your line-of-credit. That’s been frozen too.

But, but, but “I gotta 850 credit score”

Sit down and shut up.

ntxduck

doogie said:

Sizing up the amount of aggregate free cash before/after the crash?

...after they seize/freeze “your” account(s)(everyone’s)

Then we wait while Congress fixes the problem. Meanwhile, you carry on with your aggregate free cash. No, not your line-of-credit. That’s been frozen too.

But, but, but “I gotta 850 credit score”

Sit down and shut up.

Seek mental help

creepycoug

That's the SEC regulating them and watching out for you Stalin. They are trying to prevent firms from enabling people to get out too far over their skis.

Sure, those of us in the Club find this kind of Big Brother non-sense offensive. But for the average bear, I think this is an area where regulation to some degree makes sense.

The new SEC commissioner is by reputation a hawk and will be more active than his predecessor. Cook it!