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Re: None

Thursday, 05/08/2008 11:39:20 AM

Thursday, May 08, 2008 11:39:20 AM

Post# of 21815
Fidelity claims the date of the transfer of new shares was April 30th. Obviously we know they have updated their clients accounts. Scottrade claims that it will take 5-7 days(Im assuming trading days) for the settlement of the new shares. That places the 7th day of the settlement period at this Friday. I would expect accounts to be updated on or after closing on Friday or possibly before open of Monday's trading day. I didnt receive information about the 5-7 day period directly, but from a somewhat reliable source. The information is probably more definitive than most here have gathered from Scottrade. LOL.