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Re: None

Tuesday, 08/04/2009 7:15:41 PM

Tuesday, August 04, 2009 7:15:41 PM

Post# of 159752
Helloooo McOhbull....



Filing against the DTCC? Gee, that sounds like a familiar suggestion from some poster who has written this explanation earlier.

~Senators are fine at putting verbal pressure.
~State Office of Securities are useless
~State AG's work better when your complaint is written to the State where your brokerage is headquartered. 40 complaints to the Nebraska AG's Office would place more pressure on TDAmeriturd.

Stephan Hall's briefs in the Whistler and Nanopierce cases are a mess. He wrongly accused the DTCC in his filings. 98% was correct, but the 2% of poorly worded accusations caused the judge in each case to toss the lawsuit.

It's that 2% you want to avoid....ie...accusing the DTCC of directly handling trades.

I'll post it one more time. The DTCC is a bank but the "deposits" are electronically controlled by the individual brokers. The only time the DTCC is supposed to handle the actual cert is when a broker's electronic ledger is a deficit.

Imagine bouncing a check....you have to deposit real funds with your bank to fix you imbalance.

A broker is short and the DTCC demands certed shares to fix the brokers imbalanced ledger.

Issac's behavior is so not normal that you file as lawsuit with Issac as the target..and you only add the DTCC since they are legally responsible for Issac's behavior while representing the DTCC.


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