I believe this DTC ineligible stock business will work out favorably in the end for the penny stock investor. Perhaps all the other clearing houses are waiting to see how Penson makes out with all of this.
As of now, Penson is not doing well at all. In fact, to give you an idea of just how Penson is currenlty doing: On May 2, 2011 Penson opened with a PPS of $6.13 and as of this afternoon (May 17, 2011), their PPS is $2.99 and the selling continues.
Speaking the truth in times of universal deceit is a revolutionary act. ~ George Orwell