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Re: CyberCall™ post# 683

Monday, 04/09/2018 7:27:23 AM

Monday, April 09, 2018 7:27:23 AM

Post# of 915
And if there isn't an electronic notification system in place, WELL THERE FRIGGIN' SHOULD BE. Again......

I WILL BET YOU THAT THERE IS A ELECTRONIC NOTIFICATION BETWEEN TRANSFER AGENTS AND THE SEC, WHEN A TRANSFER AGENT HAS TO REPORT TO THE SEC THAT RESTRICTED STOCK IS BEING ISSUED. ALSO, THERE SHOULD BE AN ELECTRONIC NOTIFICATION SYSTEM TO THE SEC, WHENEVER A BROKER DEALER RECEIVED RESTRICTED STOCK TO DEPOSIT IN A BROKERAGE ACCOUNT. THE CLEARING FIRM OF THE BROKERAGE SHOULD HAVE A MECHANISM IN PLACE TO ELECTRONICALLY NOTIFY THE SEC ANYTIME SOMEONE TRIES TO DEPOSIT PHYSICAL SHARES OF RESTRICTED STOCK IN A BROKERAGE ACCOUNT.

Let's ENACT A LAW TODAY - that provides for electronic notification of these activities to the SEC.