Response from Scottrade...
In my email to ST yesterday, I asked how long Scottrade expects for the process of transferring my BCIT shares from Scottrade to my new brokerage firm. (Scottrade had tried to transfer my shares twice in the past, but the transfers reverted to Scottrade.)
Scottrade response:
Dear Mr. XXXXX:
Thank you for your email. Our transfer out department contacted DTC (The Depository Trust Co.) who handles all transferable assets between brokerage firms. According to DTC they do not see BCIT becoming eligible for transfer in the near future and at this time it is still unclear when the stock will start trading again.
Please let us know if you have any additional questions.
Sincerely,
Matt R.
Scottrade Financial Services, Inc.
Scottrade has been named Highest in Investor Satisfaction With Online Trading Services Six Times in a Row by J.D. Power and Associates. For award information, visit www.jdpower.com.