Canadian brokerage allowing US address

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Canadian brokerage allowing US address

Postby skoper » Fri Aug 28, 2009 12:54 am

Hi, my current Canadian discount stock brokerage will not allow me to have a US address after I move. Does anyone know of any brokerage which allows one to have a US address?
skoper
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Re: Canadian brokerage allowing US address

Postby agnelson » Fri Aug 28, 2009 3:03 am

No. It is against SEC regs for a Cdn broker to deal with a US resident, except for RRSPs -- and even then only a handful will dela with you.

For non-RRSP, it is time for you to move the account to US (selling any mutual funds, transfering any stocks).

For RRSP, TD waterhouse is the only discount broker that will work with you.
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