Quote:
Originally Posted by eqd053
What you are saying makes sense but i still do not understand why they are able to have a money market fund available through paypal. It seems like the same issues would be a problem for both stocks and the money market fund that is already available. Is there anything stopping a company like etrade from accepting electronic transfers from paypal. I am a little new to investing and i guess i dont understand the issue.
|
Homeland Security and SEC regulations prohibit it. Paypal can't be tracked as easily as a bank can. No electronic stock broker (or any broker) will accept payments from paypal, including e-trade.