News for hackers. Stuff that matters.
Re:Robinhood to pay $70M for 'systemic supervisory failures' by whoisjuan on Wednesday June 30, 2021 @02:25PM (#27691891)
This happened to me when I transferred to Schwab. Surprisingly it was Schwab the one that eased my mind. I called them and they put me through the cost basis department which told me that RH basically has to prepare the cost basis manaually and pass it to them/ They told me that it had been taking a while but that they were indeed receiving the Cost Basis for other customers.

So I just had to wait. Of course this sucks because it blocks you from selling, but it will eventually show up.

Re:Robinhood to pay $70M for 'systemic supervisory failures' by xyzelement on Wednesday June 30, 2021 @06:56PM (#27694494)
Does it actually block you from selling? I think you really need to have the cost basis figured out for tax time - you sure Schwab won't let you? Even with a manual request?