Sep. 23 at 6:54 PM
$MBAI I received this notice from Schwab when I wanted to trade this stock:
Charles Schwab has determined that MBAI, along with certain other securities that have been identified as carrying elevated risk characteristics, requires broker assistance for opening transactions. Our goal is to provide the best trading experience possible while also maintaining a fair and orderly market and helping mitigate risks to our clients.
Securities in this category are reviewed regularly and restrictions may be updated throughout the trading day. Some of the potential risks associated with these securities include:
Potential fraud
Increased volatility
Wide price swings
Trading halts
Irregular trading volume