Thursday, September 12, 2019 8:47:27 AM
If the DTC feels that shares have been issued due to fraud, etc. they can place a chill on that security.
The Naz mebee trying to clear this up before melding the shares into its system.
DTC Chills Arise from Legal, Regulatory, or Operational Problems. The most common and dreaded reason for a DTC Chill or DTC Freeze is when DTC becomes aware that an issuance or transfer of an Issuer's securities may have been in violation of state or federal law.
Bear in mind,,,there is not a DTC Chill or Freeze in place NOW!
https://www.sec.gov/oiea/investor-alerts-bulletins/ib_dtcfreezes.html
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