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Petro Rio S.A. HRTPF

"Petro Rio SA is engaged in exploration and production of oil and gas in Brazil and abroad. The Company is currently engaged in the hydrocarbon production in Polvo field."


GREY:HRTPF - Post by User

Post by rlovetton Sep 02, 2013 7:26pm
556 Views
Post# 21713656

The Final Insult: JP Mornan/Chase removed ADR fees from my account

The Final Insult: JP Mornan/Chase removed ADR fees from my accountNever have I seen this before:  on 8/14/13 there was a removal of cash from my Ameritrade brokerage account of $0.02 for each share of HRTPY in the account.  I called Ameritrade and they said that HRT ADR sponsor, J P Morgan/Chase had removed from my cash account an amount equal to 2 cents per share of HRTPY stock. They hadn't seen this before and suggested I call J.P. Morgan (whom I've not reached yet).  I thought ADR  banlk sponsor fees were always paid by the company and shareholders were not responsible for these fees.  Has this happened to anyone else?
I will appreciate your responses.  Thanks. rl
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