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by KMag
1959 days ago
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I think the issue is that they're allowing people to use cash right away when they sell, rather than waiting until T+2, and they can't instantly unilaterally change their ToS. They could block people from selling, but not block them from buying, but that would cause all kinds of problems. As I remember, eTrade also used to not require you to wait until T+2 to reinvest the proceeds from stock sales. |
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