Brokers have learned to wait... if they don't have certs in hand
they will keep the temp symbol or number until they get them....
helps investors against naked shorting... selling of shares without having the actual shares in the account... think about it. why do you think naked shorting became an issue? because of exactly what most want... to trade the stock before it is even accounted for.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.