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If a mandatory corporate action is declared on a stock I hold, what happens?

If you hold a position in a security undergoing a mandatory corporate action, your position may be temporarily removed from the trading platform.

What to expect:

  • Your position will remain visible through the end of the trading day
  • The corporate action is typically processed overnight
  • The updated shares and/or symbol will be reflected in your account once confirmed


Important:

  • You are responsible for monitoring upcoming corporate actions and how they may impact your account
  • During processing, the position may be temporarily unavailable for trading

Fees:

  • $35 for standard corporate action processing
  • $100 for complex corporate action processing

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