Question:

Can my stocks be sold without my permission?

by  |  earlier

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Safeway just froze my stocks and will sell them without my permission.

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3 ANSWERS


  1. A Nobody gave you a good response but "Curly's response is totally off the wall and has no idea of what it is all about.


  2. If they did this there's probably fine print in some contract that allows them to do this.

  3. In most instances, stock can not be sold without permission.

    You would receive more appropriate responses if you listed more details regarding the circumstances.

    HOWEVER, if you fail to pay for the purchase, they can and will be sold, and no permission is needed.

    If you have a debit balance in a non-margined account, or have failed to meet a margin call, securities can and will be sold and no permission is need.

    If you have an open short position in your account, other securities can be sold and no permission is needed.

    If the securities have been assigned as collateral for a loan and failure to make payments on the loan, securities can and will be sold and no permission is needed.

    If you have a court ordered lien on your account, securities can be sold without permission.

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