A couple of months ago, an American woman living in Singapore sent me an email.

“I have investments with Morgan Stanley in the U.S.,” she wrote. “I have done business with them for years. But my broker says he can no longer do business with US citizens who live in Singapore.”

One of my American friends lives in Thailand. For the past 15 years, he has invested with TDAmeritrade. They recently sent him an email. It was emphasized in bold.

“On February 5, 2015, TD Ameritrade, Inc. will no longer offer brokerage services in your area… you will need to take action by February 5 to close your TD Ameritrade account… If you have not taken action by February 5, 2015, we will liquidate the account and mail a check for your account balance to your address of record.”

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