The Real DTCC Discussion

[BigBake1]

Based on what negligence? They only entities that were clearly negligent were the Transfer Agent and to some degree Nobilis and the other two brokerage firms. The TA is easy to prove negligent and then what?

The DTCC has no part in any of it, thus why the clearing firms are trying to get a court ruling for receivership, without that the DTCC isnt going to do squat for them.

The mere thought of suing the DTCC over what happened in CRGP is laughable, it is the equivalent to saying you are taking the Federal Reserve to court over what happened at your local bank.. good luck.