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Re: dominator post# 109815

Saturday, 04/12/2014 10:14:19 AM

Saturday, April 12, 2014 10:14:19 AM

Post# of 118239
Yes, a chill really only impacts the issuer. The DTC, as owner of Cede, will not allow any new certs to be deposited, hence a company can't issue any additional shares. Now there are a few ways around it, but it is very difficult.

With a chill usually the conservative on line brokers will stop allowing purchase orders, like a Scottrade.

A global lock eliminates all ability to issue new trades and 99% of the brokers won't let you trade it although most will allow you to write it off.

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