I have a US based TD Ameritrade brokerage account in which I hold some stocks and options. After I informed that about my new Canadian address, they sent me an email asking me to either move all my stocks and options out of the account to some other Canadian account or liquidate it. If not done by 6/29, they would liquidate it on my behalf.
Please can someone suggest how to move those holdings to Canada? Can I maybe open a TD Direct account and transfer it ? Has someone gone through the process and can shed some light?
Will appreciate any help.
Hello, I used #1 for my taxes this year. It wasnt much as I wasnt fully reinvested, so I wanted it to be safe. Your brokerage will give you #3 but with a warning that it is your responsibility to keep track of cost basis etc.