I currently have an online broker account with td waterhouse and wanted to know if anyone has the answer to my question.
since the CDIC act changed and now allows bail ins by the banks, I was curious as to how this may effect my td waterhouse holding. since td manages the brokerage in some way and my holdings are stocks could td liquidate my stock as part of a bail in?
if this is the case would it be a safer bet to use a non bank online broker to protect your holdings from a bail in?
your answers would be most appreciated.