Ancillary Fees

Service
Fee
Recurrence
Definition
Account Transfer Out $65.00 Per Account Transferred Accounts that are transferred to another financial institution.
Account Transfer Out- Partial $20.00 Per Transferred Security, Per Broker Accounts that transfer part of their portfolio to another financial institution.
DRS Transfer- Out $100.00 Per Stock Electronic transfer of stock over the DRS system.
DTC Transfer- Out $20.00 Per Stock Electronic transfer of stock over the DTC system.
DWAC Transfer- Out $50.00 Per Stock A type of electronic stock transfer.
Accommodation Transfers (Stock Certificate Request) $100.00 Per Certificate All transfers of stock from "Street Name" to personal certificate registration and delivery. This process normally takes 3-4 weeks to complete.
Rush Accommodation Transfer (Stock Certificate Request) $300.00 Per Certificate All "rush" transfers of stock from "Street Name" to personal certificate registration and delivery. A "rush" transfer normally takes 3-4 days to complete.
Lost Certificate Replacement $50+ insurance Per Certificate Placing a "stop" on a physical certificate requested from your brokerage account, and getting a new one reissued.
Safe Keeping Certificate Deposit $50 Per Certificate Depositing a non-negotiable stock certificate to your account, stored in a physical safe at the clearing agent, Ridge Clearing, until negotiable.
Safe Keeping Certificate Storage $2 Per Certificate, Per Month Holding a non-negotiable stock certificate to your account, stored in a physical safe at the clearing agent, Ridge Clearing, until negotiable.
Post Actionable Reorganizations $30.00 Per Security Issue Reorganizations in which a physical certificate is delivered for processing after offer expiration.
Voluntary Reorganizations $30.00 Per Security Issue Reorganizations such as tender offers, whereby a customer may elect to participate.
Legal Transfers - Standard (Rule 144 Certificate Deposit) $100.00 Per Certificate Transfers/deposits requiring legal papers in addition to stock powers. Note: Trading Direct no longer accepts knowingly restricted stock.
Legal Transfers - Restricted (Rule 144 Certificate Deposit) $200.00 Per Certificate Transfers/deposits of restricted stock requiring legal papers in addition to stock powers. Note: Trading Direct no longer accepts knowingly restricted stock.
Stop Payment of a Check $30.00 Per Check Stopped Placing a "stop payment" on a check written off the balance of your brokerage account.
Wire Transfers - Domestic $30.00 Per Transfer Transfer of funds to another financial institution via Federal Wire System.
Wire Transfers - Foreign $50.00 Per Transfer Transfer of funds to another foreign financial institution via SWIFT Wire System.
Overnight Courier $30.00 Per Occurrence Usage of overnight courier, DHL or UPS (for check withdrawals only).
Returned Checks / ACH $35.00 Per Occurrence Checks deposited, or ACH items, which are rejected for insufficient funds, etc.
T-Call or Extension Mailgram $25.00 Per Event Fee charged for inadequate cash position.
House Call / Sell Out / Buy In Mailgram $15.00 Per Event Margin Notices.
Uneconomical Sale Processing $9.95 Per Stock Fee charged on the sale of a stock where the proceeds do not meet the commission charge.
Low Priced Security Good Faith Deposit $10.00 Per Security A $10 good faith deposit is required to be maintained in an account for each position with little or no value (This is not a fee charged up front, rather it is money set aside in an account, which could be used to pay for a future commission charge or uneconomical sale processing).
IRA Termination $75.00 Per Account The closing or transfer of a retirement plan.
IRA Maintenance $50.00 Per IRA Fee charged annually in December. Waived if one trade (purchase or sale of a security) is made during the one-year period ending December 31st.
Keogh, Profit Sharing, & MPPP Establishment $45 Per Account One time fee charged to open these qualifed plan retirement accounts.
Keogh, Profit Sharing, & MPPP Annual Maintenance $60, $35 Per Group of Accounts The first participant is charged $60; each additional participant is charged $35 annually.
Keogh, Profit Sharing, & MPPP Termination Fee $75 Per Account One time fee charged to close these qualifed plan retirement accounts.
Paper Trade Confirmation Charges * $1.00 Per Confirm *Waived if you elect to receive confirms electronically.
Paper Monthly Statement Charge* $1.50 Monthly Statement *Waived if you elect to receive statements electronically.
Regulation S GDR/ADR Depositary Service Charge $.02 - $.05 per share Annually Annual Fee which may be charged by a transfer agent, and subsequently passed along to holders of Regulations S Global Depositary Receipts (GDRs/ADRs).
Returned Mail $3.00 Per Piece of Mail Fee charged to those whose mail is returned to Trading Direct because he/she did not update postal mailing address (Returned mail will not be forwarded).
Duplicate copy of Monthly Statement or 1099 $5, $0.50 Per Statement First page, additional page A duplicate copy of a monthly statement is $5 for the first page, $.50 each additional page (for each month requested).
Inactive Accounts $60.00 Per Account Fee charged annually based on the one year period ending June 30. (See below for exemptions)…

Inactivity Exemptions:
You are exempt from Ancillary Fees if you meet the following conditions: