E*TRADE from Morgan Stanley
8. Maintenance of Collateral
Cross-Account Debt Collection
In plain English: If you owe money in one account, they can take funds from any other Morgan Stanley accounts you have without warning.
“If you have a Debit Balance in your Self-Directed Account and you own an interest in any other account (including accounts with any Morgan Stanley affiliate), you understand and agree that Morgan Stanley may, to the extent permitted by Applicable Law, effect a transfer or demand a distribution from ...”
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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