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ditch72

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ditch72

Re: mretgnol post# 118770

Thursday, 07/02/2009 3:13:06 PM

Thursday, July 02, 2009 3:13:06 PM

Post# of 159752
"Certain people on this board keep acting like the DTCC is some sort of cert holding center when in fact, the pool of shares are actually held by Cede."

Cede & Co. is the nominee name for The Depository Trust Company, a large clearing house that holds shares in its name for banks, brokers and institutions in order to expedite the sale and transfer of stock.

Please do not say that there is no direct connection between Cede and the DTCC.

ditch

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