TD Waterhouse

New York

Peter of Staten Island NY (2/10/03):
I started an account with TD Waterhouse several years ago. After I was already a member for some time I no longer had the need to trade my stocks. I dumped my money into a TD Waterhouse money market and left it there. When I went to withdraw my money recently I had learned over $200 had been taken out of my account for "inactivity fees". I was supposedly mailed a statement in sometime in 2000 which stated the change of policy. TD Waterhouse had always issued a lot of green mail so I rarely read statements from them. Obviously, burried in one of these mails was a way for them to take money from unsuspecting clients.

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