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Re: janice shell post# 156500

Monday, 06/23/2014 2:25:44 AM

Monday, June 23, 2014 2:25:44 AM

Post# of 159752
janice, thanks for showing what a worthless organization the DTCC is. Just what do they do that has any standing? What a croc that the brokerages can hide behind the global lock but they don't have to honor it and can sell shares they never have to settle. Sounds like the DTCC is front organization like those people who launder money have in place to launder ill gotten gains. ( like those restaurants that never have any business but always show income when they do their tax filings and remain open for years while the average person walking by wonders how they can remain open.) How can the brokerages have it both ways? They don't have to stop selling shares the DTCC locks up but can hide behind that status when the bill comes due. It seems the oversight agencies are just a concept to passify the consumer and really have no value. I appreciate this posting very much. How can anybody who trades through brokerages feel safe?

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