InvestorsHub Logo
Followers 3
Posts 615
Boards Moderated 0
Alias Born 04/23/2010

Re: None

Tuesday, 03/13/2018 8:32:07 PM

Tuesday, March 13, 2018 8:32:07 PM

Post# of 52845
FWIW, this site (not DTCC) shows GERS on the chill list Jan 2018. insert-text-here. In the attachments at bottom: insert-text-here From other research it appears the company (GERS) has to appeal with the DTCC to get off the chill list.

When DTC chills or freezes a security, it will issue a “Participant Notice” to its participants. These notices are publicly available on DTC’s website at http://www.dtcc.com/en/legal.aspx . When securities are frozen, DTC also provides optional automated notifications to its participants. These processes provide participants the ability to update their systems to automatically block future trading of affected securities, in addition to alerting participant compliance departments. DTC has information regarding these processes on its website.

I have not seen anything about the DTCC notifying when a company has "won" an appeal and is off the chill list.