Failing to Follow Instructions:
A broker is obligated to follow the instructions of the
customer with respect to buying or selling a stock. If you instructed
your broker to buy or sell a stock and he failed to do so, or he said
he would but did not, he is liable to you for failing to follow your instructions.
In some instances, the broker will not necessarily ignore
your instructions, but might pressure you not to sell because he
has too much of the stock in his account, and selling more will cause
the price to fall, which costs the broker money. Failure of a broker
to follow your instructions, and improperly pressure you to change
your instructions, can be grounds for recovering your loss.
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