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I was trying to place a conditional purchase offer for an IPO. Charles Schwab i smy broker. As per the discussion I had with their associates, I met all the criteria to participate in this particular IPO purchase.
When I tried for placing a standing order from their website, it denied saying that I am not eligible and did not give any specific reason why I am not eligible.
I would like to consult an attorney as I strongly believe that they unfairly denied my purchase request.