E
evisu140
Guest
What is the name of your state? Yorkshire, ENGLAND.
Hi,
My wife and I hold execution only (nominee) accounts with a local stockbrokers. They have recently changed their terms and conditions hence I refused to sign the new contract and requested our accounts be closed, and the holdings returned to us. The stockbrokers are stating that they require a fee to close our accounts and return the holdings. I feel that due to them making the ammendments to their terms and conditions (which results in increased dealing fee's for us) I should not incurr any costs to close the accounts and obtain the holdings??? Where do I stand legally, I have politely pointed this out however they still require the funds before closing the account and returning the holding??? Thanks for ANY help.
Hi,
My wife and I hold execution only (nominee) accounts with a local stockbrokers. They have recently changed their terms and conditions hence I refused to sign the new contract and requested our accounts be closed, and the holdings returned to us. The stockbrokers are stating that they require a fee to close our accounts and return the holdings. I feel that due to them making the ammendments to their terms and conditions (which results in increased dealing fee's for us) I should not incurr any costs to close the accounts and obtain the holdings??? Where do I stand legally, I have politely pointed this out however they still require the funds before closing the account and returning the holding??? Thanks for ANY help.