def, I was just told that it was not a withdrawal but an adjustment. They don't know what for. What would IB typically adjust funds for? thanks shneed
How long was it dormant? Some states require that money in banks, etc., be turned over to them if there has been no contact with the client for X months/years. IB has a "you are a big boy" philosophy and is not heavily into hand-holding and perhaps there is no legal requirement to let you know. I'm sure you'll get an answer tomorrow - obviously cash leaving your account "mysteriously" will get someone's attention. Keep us posted. Jack
choad, I don't have any more accounts with IB. JACKR, The last time I traded this account was in May 2005. Plus they withdraw $10 per month for data fees. So I don't think it's that dormant.
I partially agree. Your activity in the account is contact. IB's $10 data fee or a bank's inactivity fee or the paying of interest do not count as contact with the customer. Jack