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Sunday, February 07, 2010 10:20:36 PM
Where companies convert to physical certificates only, it has become extremely difficult and, in some cases, impossible for brokerage firms like TD AMERITRADE to obtain shares for their clients. This can make settlement in a timely fashion difficult.
Converting to physical delivery also increases the costs associated with transferring ownership of common stock between buyers and sellers.
Still can't believe the complete lack of outrage over another asinine decision by management.
I think the question needs to be asked.
JD are you deliberately trying to tank the price?
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