Etrade and Ameritrade Proposed Merger: Federal Trade Commission Complaint

We have been informed the merger would have to be approved by the Federal Trade Commission. OTCBB companies who have had their shares placed on a restricted list by either of the brokers would have the right to file a petition to oppose the merger as a further restraint of trade in the OTCBB trading environment.


Our legal team is preparing a letter that we will post on this blog.

Any shareholder of a company who has had their investment negatively affected by the actions of a broker who placed the shares of a small company you invested in on a restricted list as soon as the shares rose can file a Federal Trade Commission complaint opposing the merger.

The market restrain of trade created an imbalance in supply and demand and market manipulation causing a decrease in the value of your investment.