E*TRADE from Morgan Stanley
8. Maintenance of Collateral
Liquidation Without Notice
In plain English: They can sell your investments or transfer your money at any time without telling you first if you owe them money.
“To the extent permitted by Applicable Law, you understand and agree that Morgan Stanley may at any time and without prior notice to you use, liquidate, and/or transfer any or all Collateral to satisfy any Obligations to Morgan Stanley, however such Obligations may have arisen.”
VERIFIED
This is an exact, word-for-word quote from E*TRADE from Morgan Stanley's Terms of Service.
Verified on May 1, 2026.
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