John sent a message to Rodger O. Riney Founder and CEO, Scottrade that said:
Dear Mr. Riney,
As a current Scottrade customer, I am writing to suggest that Scottrade remove the 0.05% surcharge placed on orders for stock trades under $1, as all of the other significant discount brokers (Schwab, Fidelity, TDAmeritrade, ETrade) have done. Once I liquidate my shares (when the price is right) I will be transferring my funds to on of these brokers who do not charge this 0.05% surcharge on orders for stocks trading under $1. In the long run this will result in significant commissions savings for me.
Thanks for taking the time to read my suggestion,
John
