Strategic Asset Leasing Inc (fka LEAS)

[BradSmith319]

From all the information I have gathered regarding this issue, it appears it will be widespread at some point. I was not able to directly talk to a SEC compliance officer regarding the issue but I did talk directly with a Penson Representative. Her take on the situation is that other clearing firms will follow suite shortly unless MMTE does whatever they have to do to clear the issue. She stated that the reason other firms have not started enforcing this issue is largely due to the fact that MMTE is a pink listed company and therefore mostly flying under the radar. Hopefully this issue is cleared soon.


Brad