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I pay a Securities Transaction Excise Tax, why can't Wall St? [View All]

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matmar Donating Member (191 posts) Send PM | Profile | Ignore Wed Sep-21-11 07:46 AM
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I pay a Securities Transaction Excise Tax, why can't Wall St?
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Every time I buy a stock with my TD Ameritrade account I get charged a fee. This fee is steep enough to prevent me from speculating in the market.

I'm pretty sure that small investors like me didn't create the speculative bubble that burst in 2008. Shouldn't this same type of regulation be re-implemented on Wall St to prevent speculative bubbles?
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  -I pay a Securities Transaction Excise Tax, why can't Wall St? matmar  Sep-21-11 07:46 AM   #0 
  - As you pointed out, "small investors like me didn't create the speculative bubble..."  Cool Logic   Sep-21-11 07:58 AM   #1 
  - Don't know what fee you are talking about.  former9thward   Sep-21-11 07:58 AM   #2 
  - I think to are confusing the SEC fee with commission.  dkf   Sep-21-11 08:28 AM   #3 
     - I think the OP is confused by more than that.  former9thward   Sep-21-11 11:12 AM   #4 
 

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