As part of the recent PBG / PEP merger, TD charged us a $20
"Mandatory Reorganization Fee" which they apparently charge
when there's a merger or other acquisition type of activity.
(It's in their laundry list of "Brokerage Rates and Fees".

Two questions:

1. How should this be reflected in Bivio (AccountSync
didn't pick it up)

2. Out of curiosity, how many other brokerage houses charge
for this type of "event".

Thanks................Jay

I do not believe that Fidelity Investments charged us any such fee on the
recent takeover/merger of Burlington by Hathaway.

Best Regards,

Leo

-----Original Message-----
From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of Jay
Sternin
Sent: Friday, March 05, 2010 5:54 PM
To: club_cafe@bivio.com
Subject: club_cafe: Mandatory Reorganization Fee

As part of the recent PBG / PEP merger, TD charged us a $20 "Mandatory
Reorganization Fee" which they apparently charge when there's a merger or
other acquisition type of activity.
(It's in their laundry list of "Brokerage Rates and Fees".

Two questions:

1. How should this be reflected in Bivio (AccountSync didn't pick it up)

2. Out of curiosity, how many other brokerage houses charge for this type of
"event".

Thanks................Jay

I just called Fidelity and Schwab, they do not charge for
this type of activity.

iras1 wrote:
> It's a negative return of capital. Most brokers are charging for these.
>  
>
>
> Ira Smilovitz
> Join me at InvestEd 2010
> Investor Education at Its BestTM
> Baltimore, MD August 6 - 8, 2010
> http://www.investor-education2010.org/
>  
> In a message dated 03/05/10 17:54:30 Eastern Standard Time, jsternin@bivio.com writes:
>
> As part of the recent PBG / PEP merger, TD charged us a $20
> "Mandatory Reorganization Fee" which they apparently charge
> when there's a merger or other acquisition type of activity.
> (It's in their laundry list of "Brokerage Rates and Fees".
>
> Two questions:
>
> 1. How should this be reflected in Bivio  (AccountSync
> didn't pick it up)
>
> 2. Out of curiosity, how many other brokerage houses charge
> for this type of "event".
>
>  
>