I was attempting to purchase 100 shares on a penny stock through Ameritrade and it was automatically rejected.
Reason: Order rejected:No opening transactions are allowed on securities affected by amendments to SEC Rule 15c2-11.
What does this mean?
I was attempting to purchase 100 shares on a penny stock through Ameritrade and it was automatically rejected.
Reason: Order rejected:No opening transactions are allowed on securities affected by amendments to SEC Rule 15c2-11.
What does this mean?
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