We're sorry but this app doesn't work properly without JavaScript enabled. Please enable it to continue. I submitted an election for a corporate action. Why can I no longer sell my related investment? - MeDirect

In certain scenarios, your investment will be blocked from market trading upon receipt of your submitted corporate action election. An example of this scenario would be a tender offer or a company repurchase offer: if you opt to sell your shares under the offer then it is necessary to block your holding from market trading.