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枫下茶话 / 美国话题 / Can't buy stock in RRSP?I moved to USA from Ontario last year, and I didn't close my RRSP account. Last week I tried to buy some stocks from my RRSP account but was rejected, they said I can only sell stocks, but not purchase. Is that required by law? Or just a CIBC rule? Can I do something about it so I can invest in stocks with my RRSP? Thanks a lot!
-sleepydu(一直往前走 , 不要往);
2007-2-18
{331}
(#3504814@0)
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Why? Is it because of non-resident of Canada?
-beig(北北);
2007-2-18
(#3504831@0)
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They told me so, but I wonder if I can do something about it.
-sleepydu(一直往前走 , 不要往);
2007-2-18
(#3504899@0)
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I had same concerns as Sleepydu,and did some investigation. However, have not find solution yet. Please take a look of following doc/threads. Hope this can help a bit.
http://www.ific.ca/pdf/investorFAQ/Canadians_inUS_RetirementAccounts.pdf
http://forums.canadianbusiness.com/thread.jspa?messageID=166650
-simon269(simon);
2007-2-19
{274}
(#3505573@0)