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What are the consequences of a good faith violation when trading cryptocurrencies on TD Ameritrade?

avatarMacKay HertzDec 26, 2021 · 3 years ago1 answers

Can you explain the potential consequences of a good faith violation when trading cryptocurrencies on TD Ameritrade? What actions may lead to a good faith violation and how does TD Ameritrade handle such violations?

What are the consequences of a good faith violation when trading cryptocurrencies on TD Ameritrade?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    When it comes to good faith violations in cryptocurrency trading on TD Ameritrade, it's important to be aware of the potential consequences. TD Ameritrade has strict policies in place to ensure fair and compliant trading practices. If you engage in a good faith violation, such as selling a cryptocurrency before the funds have settled, TD Ameritrade may restrict your trading privileges or issue a warning. The severity of the consequences can vary depending on the specific circumstances and the frequency of violations. It's crucial to understand and follow TD Ameritrade's rules and regulations to avoid any potential violations and maintain a positive trading experience.