I was charged a $38 "Mandatory Reorganization Fee" by ETrade when a stock had a reverse split. That's because TD Ameritrade has a $38 reorganization fee. Exactly what I put above. $10.00. MANDATORY REORGANIZATION FEE (755111507) $38.00. An example of this would be company mergers or acquisitions. Included in this transaction is a necessary amount of consideration that is not equity. The below rates are per credit hour. It is mandated by the issuer for all outstanding shares. This fee is paid online directly to the expediting service, plus shipping. Mandatory Reorganization No charge Voluntary Reorganization $30 per transaction Non-Standard Asset Annual Custody Fee: $250 per position*** ex., LP, Private Placements, etc. This is known as a boot. On-reservation Discretionary Trust Acquisitions are governed by 25 CFR § 151.10, Off-reservation Discretionary Trust Acquisitions are governed by 25 CFR § 151.11, and Mandatory Trust Acquisitions are outlined in Department policy. $80.75. Fee Waiver Eligibility Chart ... $38 + 0.80% of dollar amount $10,001+ ..... $95 + 0.25% of dollar amount ... mandatory reorganization action date has passed. For some reason the Fidelity split calendar and the Marketbeat split calendar have yet to reflect this upcoming event scheduled to occur on April 28, 2020. Questions: (800) 220-1759 M-F 9am-5pm (EST) $35.00. The fee normally averages from one to three cents per share, however the amount and timing of these fees can differ by ADR and are outlined in the ADR prospectus. Mandatory Hourly I had this before and it seems that Mandatory Reorganization fees are charged when there is a reverse stock split. :-) The brokerage is not providing a detailed breakdown of the $38.00 other than "Mandatory Reorg Fee Charged". Reorganization Mandatory $38 Voluntary Tender Offer $38 Statements and Trade Confirmations Electronic Statements No charge Paper Monthly Statements by U.S. Mail‡ No charge: accounts with liquidation value ≥ $10k ... fees to certain self-regulatory organizations and national securities exchanges, which in turn make payment to the SEC. there was a "mandatory reorganization fee" of $38.00 i'll admit that i was ignorant of reverse splits, but regardless, for such a small valuation, is that a normal fee? I held 3 shares, but TD Ameritrade charged me a $38.00 reorganization fee, and I didn’t have that much cash in my account. My investment now has a market value of $36 and then Etrade placed a $38 fee on my account for the reorganization. Otis 71.2404 87.6200. Financial Aid Fee $ 27.56 UF Mandatory Fees $38.70 $116.10 $232.20 $812.70 $2,438.10 Technology Fee $ 4.38 Total $688.70 $2,066.10 $4,132.20 $14,462.70 $43,388.10 Total per Hour $ 38.70 12 or more $5,100.00 $15,432.00 $85.00$275.00 $40.00 $21.00 $13.00 $5.00$38.00 $36.00 $57.00 $404.00 $1,064.00 $6,164.00 $16,496.00 Fall 2020 & Spring 2021 *Mandatory student fees are charged each semester to every student registered for courses to be conducted at Georgia State University and within the metropolitan area. When I complained about that high fee (and that there is such a fee at all), the support said this: "Reorganization fees are charged to cover the cost for TD Ameritrade to re-register the stock and to facilitate the reorganization in your account. Voluntary Reorganizations $35 Forced Sell Out Fee Mandatory Reorganizations $35 Early Settlement Fee $20 Investment and Insurance Products: 1% of principal charged when a dividend is paid or a reorganization event occurs on a foreign asset held in USD ... are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). Reorganization expenses or expenses incurred to effectuate a corporate restructuring, even if not technically under the guise of Sec. It isn't even easy finding a straight answer on the Fee. Health Facilities. The fees are charged to companies that allow their clients to hold ADRs, such as TD Ameritrade, and then those fees are passed through to the client that owns the ADR. 2 weeks Fighting against the “Mandatory reorganization fee” from TD Ameritrade Reddit . $38.75. 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