What is a reclamation?
Updated over a week ago

A reclamation is a demand to repay funds when a stock or security is delivered poorly.

This can happen when:

  • There was an error in the transaction.

  • The payment is not made.

  • Funds need to be recovered from neglected/ closed accounts.

I got a reclamation notice from M1 Finance, what happens next?

If we reach out to you about a reclamation notice, trading will be paused on your account until positions/ cash are received.

If you have any further questions, pleasecontact us.

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