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system
what does a reorganization fee that a company charges get applied to?
user
its a broker fee, not something charged by the reorganizing company. e*trade charge $20, td ameritrade charge $38. as with any other bank fee - shop around. if you know the company is going to do a split, and this fee is of a significant amount for you - move your account to a different broker. it may be that some portion of the fee is shared by the broker with the shares managing services provider of the reorgonizing company, don't know for sure. but you're charged by your broker. note that the fees differ for voluntary and involuntary reorganizations, and also by your stand with the broker - some don't charge their "premier" customers.
assistant