Strattner Financial Group (SCNG)

[Perspective]

I have a TD Ameritrade account as well. I bought additional shares on 6/12 and 6/15. On July 1, I initiated an inquiry regarding my entitlement to restricted shares for those buys. TDA said that Depository Trust Company (TDA) had allocated shares based on the 06/10/2009 record date. TDA's clearing department has contacted DTA "for clarification on whether we should have been allocated based on that record date or an ex-dividend date of 06/16/2009."

Comment: I have not yet received a reply from TDA. If, however, the record date controls, we would have needed to have bought on or before June 5, 2009 (take the June 5 trade date, add Monday, June 8, add Tuesday, June 9, and then add Wednesday, June 10 [Trade Settlement Date, and also the RECORD DATE]). Trade Date plus 3 business days equals the Settlement Date / Record Date.