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Re: lollybella post# 132419

Tuesday, 11/16/2010 1:22:08 PM

Tuesday, November 16, 2010 1:22:08 PM

Post# of 159752
(2) Re-register NSA positions into your name by the issuer or its transfer agent
Request that the security be re-registered to your name with the security issuer. You can call
the TD Ameritrade Non-Standard Asset Department at 800-632-9095 for more information
on the process. This means that your NSA(s) will no longer be custodied at TD Ameritrade


Did you notice how some of the posters skip over this part? TDA will no longer hold a master position for BCIT shares (or other stinky revoked stocks).

You have to ask the Transfer Agent to place your position in your name now. If you want to leave your revoked stock as is, TDA will charge you an annual fee per turd position.

This means the Transfer Agent is now going to have an updated list of names and positions for everyone who uses this option. Legally, BCIT's Transfer Agent will have to file a notice of failure to deliver if the T/A finds a FTD in a brokers position.

Imagine that....the T/A now having a late 2010 list of share positions. This also means that TD Ameritrade would be exposing their true position in this stock.....and they don't seem too worried.

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