Well I have seen where if the stock held is N-shorted then the dividend shares will also be NSS.
brokers will just put markers in our accounts, (IOU'S) they will not have any problem until restrictions are lifted and people want to trade them. As long AS RESTRICTION HOLDS they will just leave the IOU'S in our accounts.
In fact I had one dividend that was placed in my account (another stock) and the Company had not even issued to the Transfer Agent.
The DTCC forced them to remove them until at least they were issued. However it sure showed the brokers hand and how they operate.IMO.
The "ONLY" transaction that FORCES the Brokers to pony up is a CASH dividend, they have not figured a way around that one YET! looks like I am running out of post today.bussy day lol.
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