I also put in a transfer request today, but from Merril Lynch->TDAmeritrade. ML blocked me from buying AMC this morning.
The message they displayed was:
Due to recent volatility in certain securities and to reduce risk of market volatility, we will be placing restrictions on certain securities, including increased margin requirements and/or limiting transactions. Game Stop (GME) and AMC Entertainment Holdings (AMC) are now blocked for opening transactions and they have also been moved to a 100% margin requirement for existing positions. Additionally, opening orders for GME and AMC will be cancelled including Day and Good-till-Cancelled (GTC) orders.
The message they displayed was:
Due to recent volatility in certain securities and to reduce risk of market volatility, we will be placing restrictions on certain securities, including increased margin requirements and/or limiting transactions. Game Stop (GME) and AMC Entertainment Holdings (AMC) are now blocked for opening transactions and they have also been moved to a 100% margin requirement for existing positions. Additionally, opening orders for GME and AMC will be cancelled including Day and Good-till-Cancelled (GTC) orders.