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Re: jlwcat1 post# 118115

Wednesday, 10/12/2016 11:47:47 AM

Wednesday, October 12, 2016 11:47:47 AM

Post# of 123597
Jlwcat1, I think some DD in required as you are mixing agencies and actions. The DTC implements the chills. They do so usually because they have a concern that shares being deposited into Cede are not validly issued shares. One of the things that raise their suspicions is the deposit of a large number of shares, like paychest did a few years ago (5 billion).

A chill does not impact the company's operations, only triggers trading from some brokers. Obviously, it did not impact paychests operations as they have none.

Whether the chills of audits, the SEC is not involved.