ONLINE AND INTERNET TRADING
There is nothing more exciting and frustrating than trading stocks on the Internet. In addition to trading stocks since 1964, Mr. Schulz opened and began trading his first Internet account in 1977. Since that time he has had an Internet/online trading account with almost all the major Internet brokerage firms. The complaints about on-line and Internet trading escalated with the surge in trading volume in 1999. Mr. Schulz has been a securities expert in almost every type of online trading case. The following are just a few examples: improper margin liquidation, late or improper order execution, unfair or unprofessional handling of the client's account or orders, order failure, and inadequate or inept account and customer service.
Mr. Schulz is actively sought out for his insights into margin issues, trading issues, and option issues in online/internet trading cases, working recently on cases involving firms such as Options Express, Interactive Brokers, and Ameritrade. In 2010, Mr. Schulz was the sole testifying expert for the claimants in an online trading case against Ameritrade. Due, in part, to Mr. Schulz's investigation, case preparation, and testimony at the hearing, the claimants were awarded almost $7 million ($6,924,538). The result was so significant that the award was reported in the PIABA Bar Journal's Volume 17 No. 3.
Mr. Schulz has written four articles on the subject and has just published an article, "on Naked Options" which deals ith Internet/Online Trading. (PIABA Bar Journal, Volume 20, No. 1 201)In October of 2000, Mr. Schulz spoke at the Public Investor's Arbitration Bar Association (PIABA) annual meeting on internet trading. In 1999, Mr. Schulz also spoke and gave computer demonstrations on the mechanics and problems of Internet trading at the national Practicing Law Institute annual seminar on Securities Arbitration in San Francisco, California and at the Public Investor's Arbitration Bar Association (PIABA) annual meeting in Palm Desert, California.
Mr. Schulz is well qualified to address any issue you have regarding online or Internet trading.