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Re: cottonisking post# 47568

Saturday, 08/30/2014 11:16:41 AM

Saturday, August 30, 2014 11:16:41 AM

Post# of 111140
Wasn't there a stipulation on one of the dockets saying that they had to make payments on the principal first and only afterward on the divvies and interest?
Also, since the CTs are still subject to the tolling agreement which effectively stays divvy payments, wouldn't that suspend all the usual procedures surrounding divvy payments - including those involving ex-dividend dates - as well? That would - IMHO - make it BNYM's responsibility to announce a record date, and there would be no ex-divi date, at all.