Quote:
Originally Posted by Skid Row Joe
Unless the party you are potentially going to do business with waives it, I'm afraid you will be doing business by their rules, not yours.
Unless you have several million dollars, scratch that, several tens of millions of dollars to invest with them, they'll change nothing is my prediction. Brokerage firm or not.
Their terms of agreements on their contracts are written for these firms by teams of teeming attorneys that dot all the Is, and cross all the Ts.
I can't see them yielding or changing any contract for anyone with even a measely few million dollars to place with them.
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That's what I thought, but I had a lot of fun doing this with my credit card company so it's worth a shot.
I agree, arbitration can help but a lot of times I don't trust the forced nature of such agreements as well as the "we pick the arbiter".
I crossed off the clause and attached a note saying I am uncomfortable with it. If they don't like it they are more than welcome to contact me. Worst they can do is say, "Yeah you can't cross off clauses like that" right