Scottrade

[Stock]

I have never seen as many complaints about a broker restricting stocks to closing transactions only, as I have the past week or so about Scotty restricting trades on a few pinkies recently.

There is a DTCC memo about the same date as Scotty did their thing.

I have read a lot of message board garbage -- outright lies, madeup stories, fiction -- about WHY this has happened... IMO a broker's risk management department is NEVER going to tell front line staff why trade restrictions are implemented. If any of these stories are true, it's because a front line worker made up a story to get someone off the phone, OR somebody just heard what they wanted to hear and posted it on a message board...IMO

http://investorshub.advfn.com/boards/msgsearch.aspx?searchstr=scottrade

Has anybody actually figured out why they added so many stocks to the list? I think not.

BUT I would like to see the contents of the DTC advisory

Posted by: Tufan123
Date: Tuesday, September 08, 2009 1:56:01 PM

Scottrade has set restrictions on the following securities due to clearing restrictions:

No Buy/Sell Only No Buy/No Sell
.AFPUN ADGSF#
.AIUN ANVH
.CEUUN ASTN
.CRSUN ATROB
.CVLUN AVOT
.EPUN AVPJ
.FCEUN Bad Toys
.FYPUN BCIT#
.IPLUN BGCC
.LPVUN BHUB#
.MKZUN BLKIA
.MMNUN BRPNF
.PUB CBNG
.TPLUN CBYAA
.TRFU CCMI
.TRFUN CGAR#
.WJAA CITI#
ADCS DBYC
ADSV DGIA
AMHD DTSN#
ARIO EAGM
ASFX EXTF
ATLJ GGTS
BBDA GEQF
BCDN GFTX#
BIEL HHGI
BWNR HSXI
CBGC ICTC
CBCGQ IQWB
CBRP JSXG
CBYI KGLJ
CESV KSGT
CLXM LGTSW
CMKX* LITL
CPRK LKRV
CWIR LYMGF
CWRN MAMG
CXAC MDNO
ENCS MDRG
ERUC MLCO#
EVFL MNTY
EWRC MODR
EXPH MSRM
FMNJ MTPH
FNXC MVIV
FTAR NMCX
GBMS NNTH#
GLCC NVMG
GLME PDAE
GMZP REMV
GRBT RGTN
GREM SAMCF#
GSFD SAMSF#
GTLA SDISF#
Hansen O SEFPP#
HCKE SNTZ
HPNN SSELY#
HRNF SSEMF#
HTDS SSEMY#
ICTY SSGFY#
IDCN SSGQY#
IDGI SSNGY#
IGNT SSNHY#
IHGP SSNLF#
ILGL SSNNF#
INCL STRU
INOV SVAFF
ITRO SZVPF#
IVCO SZVZF#
KKUR TNABY#
LCRE TRGO
LDSR TQDC
LHPT UNRMY#
LLBO WLRE
LSMJ WWYWB
LTDU YYLRA
LTOUF
MAEIE
MCDA
MDIN
MGLG
MIKP
MOBI
MODC
NBVG
NCVT
NNCP
NNTH
NWACQ
NXHD
ONCP
ONFI
ORSTF
PCSO
PHLC
PHMB
PKTO
PMCL
POPN
PRMO
PROEQ
RCCH
RMTD
RPDI
RSGR
RSMI
RVGD
SARO
SDVI
SIVC
SKYF
SMWF
SNRS
SOMPF
SPQS
SPZI
STHC
SYNJ
TECA
TGLN
TOFS
TRSI
TYRIA
TSSP
USCI
WHKA
XMDC
ZCNW

==============================================================

Posted by: Generic
Date: Tuesday, September 08, 2009 5:44:23 PM
#msg-41284794

DTCC Advisories -- password only:

http://www.dtcc.com/legal/imp_notices/

Legal & Regulatory
Important Notices

Recent Important Notices for each DTCC subsidiary addressing issues such as changes in the list of participants, operations, and schedules, are listed below. (Issued when relevant across all subsidiaries, DTCC Important Notices are also listed.)

To view all current Important Notices of a type or for a specific subsidiary, select the category below or use navigation, left. RSS Newsfeeds in the Subscription Center provide an easy, comprehensive way to subscribe to Important Notices and other information about DTCC in real-time.

National Securities Clearing Corporation (NSCC) | View NSCC service offerings

Doc # Date Subject

OTC#172 September 08, 2009 Updates to the List of Cleared Securities...

a6870 September 04, 2009 Changes in the List of Participants...

OTC#171 September 04, 2009 Updates to the List of Cleared Securities...

OTC#170 September 03, 2009 Updates to the List of Cleared Securities...