this the first reply justage ---
Reply Date: 9/22/2009 9:44:39 PM
Subject: Re: Trading <<#241-1006501#>>
Dear Client:
Thank you for your e-mail.
Presently, Scottrade is not accepting any orders (buy or sell) for ANVH.
This trading restriction, which is a Scottrade corporate decision, is due to the "global lock" that has been placed on the security by the Depository Trust Company (DTC). DTC is one of the largest clearing and settlement firms that offers trade settlement services for brokerage firms.
The global lock simply means that DTC has suspended all trade settlement services for the particular security. With no legitimate means of settling trades, Scottrade will not accept orders for ANVH until the suspension has been lifted.
True, DTC cannot restrict public trading in any stock, but they can restrict stocks from receiving their settlement services. Scottrade will not offer any trading in ANVH until DTC begins offering settlement services for that security. There is no way for us to estimate if or when that might occur.
Please let us know if you have any questions.
Regards,
Kevin Kohler
Senior Stockbroker
National Service Center
Scottrade Inc.
www.scottrade.com
www.scottradeelite.com