RAYMOND E. SAIDAH sent a message to Walter Bettinger that said:
Dear Mr. Bettinger, I am a long time customer-investor of the Schwab Co. that you manage.
On April 28, I bought ETN shares issued by Barclays, based on their reputation of good banking. On May 1, they reverse split these shares 40/1 resulting in a loss of 70% of the investment in OILNF.
Wiishing to understand why they did this 40/1 split, I tried to contact Barclays officials of all ranks without any success. Lately I advised the SEC about this fraudulent operation, aand they are looking into the matter.I am addressing you the present request for you to give instructions to contact all Investors within your Company who hold OILNF to let them contact the SEC: Mr Allen Flood at www.sec.gov or www.investor.org. Thank you