I placed a market order with my US brokers, namely IBKR. I received the following in an email from them:
Please note that we will send you similar FYIs each month in which you place a Market Order, to remind you of this information, which IBKR is providing in accordance with its regulatory obligations.
Must US brokers send an FYI about market orders to their clients who placed a market order in the past month by law? I believe I placed a market order with another US broker in the past but I don't recall receiving such an FYI, but perhaps the law change since then.
Submitted October 01, 2023 at 11:24PM by Franck_Dernoncourt https://ift.tt/NnJIQpo
