ditch,
2 late took my post about suing and somehow came back with a reference to trying cases in front of the Supreme Court. His comment had nothing to do with my post.
The DTCC in your view is untouchable while they have the stock locked from clearing. You absolve them of any responsibility or control
Correct. It's the brokerages who control the ledgers who are 100% responsible. It's the brokerages who misrepresent the number of shares they claim to have available for the stock borrow program. The DTCC, as it is set up, has created a legal loophole to hide in.
Like or not, this loophole will remain until Congress fixes the Stock Borrow Program's procedures. As set up, the current procedures are protected from challenge under federal law.
Section 17A of the Exchange Act also makes the Stock Borrowing Program untouchable and gives the DTCC protection from broker fraud.
You also assume we want to sue brokers, when all we want is our shares, the things we bought years ago, under commercial law we own them.
Sweet. When is Megas going to properly register his additional shares and also properly file for the share exchange? I'm sure the T/A is helping everyone properly obtain their shares.
Please illuminate us and use small words as we are all simpletons in your mind
Just some of you Ditch.
