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- Auction Rate Securities: A Description of Merrill Lynch's Auction Practices and Procedures
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- Merrill Lynch International ("MLI")
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- Bank of America, N.A., London Branch ("BANA London")
- Ecommerce Activities: Minimum Information Requirements for Merrill Lynch International
- Termination of Participation in FDIC's Transaction Account Guarantee Program
- Information on Reporting Errors and Canceling Certain Transfers Going Outside Of the U.S. (Remittance Transfers)
- Merrill Lynch Schedule of Miscellaneous Account and Service Fees Link opens in a Pdf file
- Merrill Edge Advised Schedule of Miscellaneous Account and Service Fees
- Merrill Edge Self Directed Schedule of Miscellaneous Account and Service Fees
- MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED ARTICLE 38(6) CSDR DISCLOSURE: U.S. LAW
- Notice Regarding SEC Relief Under Regulation SHO Related to COVID-19
Disclaimer of Warranty and Limitation of Liability
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Routing Disclosures Made Pursuant to Rule 606 of SEC Regulation NMS
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In response to the terrorist attacks on September 11, 2001, the US Congress passed the USA PATRIOT Act. Parts of this Act apply to the financial services industry and require certain financial institutions to request specific information from clients. Click here for further information.
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Use in the United Kingdom (UK)
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E-commerce Activities: Minimum Information Requirements for Merrill Lynch International
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Termination of Participation in FDIC's Transaction Account Guarantee Program
Beginning January 1, 2010, Bank of America will no longer participate in the FDIC's Transaction Guarantee Program. Bank of America's decision impacts Merrill Lynch clients enrolled in the Merrill Lynch Bank Deposit Program (MLBDP) Fully FDIC Insured Sweep option. Thus, after December 31, 2009, funds held in the MLBDP Fully FDIC Insured Sweep will no longer be guaranteed in full under the TAG Program, but will be insured up to $250,000 per depositor per Merrill Lynch Affiliated Bank under the FDIC's general deposit rules. As a reminder, since two Merrill Lynch affiliated banks participate in the MLBDP, clients can benefit from FDIC insurance up to $500,000 for individual accounts/$1,000,000 for joint accounts.
Information on Reporting Errors and Canceling Certain Transfers Going Outside Of the U.S. (Remittance Transfers) Errors
If you believe there has been an error or problem with a wire transfer initiated by you from your U.S. based brokerage account to a recipient outside of the United States (a "remittance transfer"), please contact your Financial Advisor by calling or writing to the office that services your account. If you do not know how to reach the office that services your account, call (800) MERRILL (637.7455).
If you believe there has been an error or problem with a wire transfer initiated by you from your Trust Management Account (“TMA”) to a recipient outside of the United States (a "remittance transfer"), please contact your trust team by calling or writing to us at the address below. If you do not know how to reach the trust team that services your account, call (800) 878.7878.
Trust Wires
TX1-492-08-30
P.O. Box 830269
Dallas, TX 75283-0269
You must make contact, within 180 days of the date we promised to you that funds would be made available to the recipient.
When you contact your Financial Advisor or trust team, please tell him/her:
1. The error or problem with the transfer, and why you believe it is an error or problem;
2. The name of the person receiving the funds, and if you know it, his or her telephone number or address;
3. The dollar amount of the transfer; and
4. The confirmation code or number of the transaction.
We will determine whether an error occurred within 90 days after you contact your Financial Advisor or trust team and we will correct any error promptly. We will tell you the results within three business days after completing our investigation. If we decide that there was no error, we will send you a written explanation. You may ask for copies of any documents we used in our investigation.
Cancellation
You have the right to cancel a remittance transfer and obtain a refund of all funds paid to us, including any fees.
In order to cancel, for a U.S. based brokerage account, you must contact your Financial Advisor within 30 minutes from the time you authorized the transfer. If you cannot reach your Financial Advisor, please call (800) MERRILL (637.7455).
In order to cancel, for a Trust Management Account (“TMA”), you must contact your trust team within 30 minutes from the time you authorized the transfer. If you cannot reach your trust team, please call (800) 878.7878
When you contact your Financial Advisor or trust team, you must provide him/her with information to help us identify the transfer you wish to cancel, including the amount and location where the funds were sent.
We will refund your money within three business days of your request to cancel a transfer as long as the funds have not already been picked up or deposited into a recipient's account.
For questions or complaints about remittance transfers sent through Merrill Lynch, you may contact:
Consumer Financial Protection Bureau
855.411.2372
855.729.2372 (TTY/TDD)
http://www.consumerfinance.gov/sending-money
Notice Regarding SEC Relief Under Regulation SHO Related to COVID-19
It is noted that the SEC has issued an SEC Order dated August 25th, 2020 providing certain relief from the “locate” and “close-out” requirements of Regulation SHO, in connection with sales of U.S. equity securities that the seller is “deemed to own,” and for which settlement is dependent on the delivery of physical certificates, but for which there could be extended failures to deliver due to ongoing concerns related to COVID-19. Merrill Lynch, Pierce, Fenner & Smith Incorporated is providing notice that it intends to rely on such SEC Order, as may be necessary.
