Hi every one ,i need some urgent help with trading law's in US
I leave at the Middle East and it is very hard to me to find info
That's the story :
On July 10 2014 I asked my broker to buy for me shears SPCB At Nasdaq, I asked to pay not more then 9.4$ limit price .
My account got 2000 shears and & charged 18,800$ +broker commission 60$.
Looking at Nasdaq report for this day I found out the the deal was on 9.22 $ and not 9.4. $
Is that legal ?
Can the broker pot in his pocket 360 $ or he have to give it on market price ?
I need to know what is the law , and where can I read it on the net