Voluntary reorganization fee for corporate actions is $38. Paper statements incur a $2 handling fee for accounts with low balances. Trade confirmations are free.
What is a mandatory reorganization?
A 'Mandatory Reorganization' is the result of a Corporate Action or event that impacts and requires change to an entire securities issue. All holders of the affected security issue will require changes to their securities holdings.
Does TD Ameritrade have hidden fees?
TD Ameritrade charges $49.99 to buy or sell any no-load mutual funds not on its no-transaction-fee list. E-Trade charges $19.99 for buying or selling any funds not on its no-transaction fee list. Most other brokers charge similar fees.
What is mandatory reorganization?
A 'Mandatory Reorganization' is the result of a Corporate Action or event that impacts and requires change to an entire securities issue. All holders of the affected security issue will require changes to their securities holdings.
What is mandatory exchange TD Ameritrade?
The mandatory exchange of stocks is a corporate action in which holders of one class of a company's stock are required to exchange it for another class of stock. ... Shareholders have no discretion about accepting a mandatory exchange, except to sell their preferred shares.