No. of Recommendations: 0
On 12/28/09 I attempted to purchase LTOUF (pink sheets)using Fidelity's online system for my IRA. I received a notice that the system didn't recognize the stock. I called and was told by a rep that I needed special authorization to trade pink sheet stocks. He talked to a senior trader who agreed to give me authorization. Then he transferred me to a rep in the international department. That rep said I needed to have $100 million to be able to trade Indian stocks. I intend to check further but I wonder if others are trading pink sheet stocks through Fidelity.
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