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The Priceline Group Inc. Message Board

  • amybradbury amybradbury Aug 11, 2012 7:44 PM Flag

    Is Charles Schwab negligent?

     

    Hi everyone,

    I'm new to the board and was hoping someone could help me with this question. My self directed account at Schwab has lost 75% of it's value since January 1st and despite the fact that I have made the trades independent of any advice, would Schawab have any fiduciary duty or negligence requirement in not contacting me or closing the account once it lost say...the first 100,000? The majority of the loss happened within the past two months.

    I appologize for winning and sounding like a sore loser, but any ethical business that is looking out for their clients should have something like their own "Circuit breakers" (ie. the SEC) set up for individual accounts. Thanks in advance for your help.

    Amy.

    This topic is deleted.
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