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Re: ArthurW1665 post# 47655

Saturday, 05/21/2005 2:51:03 AM

Saturday, May 21, 2005 2:51:03 AM

Post# of 285940
Scottrade Update:

I hope they have SIPC or SICP Inssurance or something. I bought them fair and square according to the market rules. I've lost a ton to the rules, it's about time I cashed in! Once I do, I'll tell you the next BIG THING....LOL!


Scottrade says this,

Dear Client,

Thank you for your email. Ameritrade will often post dividends and
splits often before they are received by DTC, the Depository Trust
Company. Scottrade does not post split shares until they are actually
received from the transfer agent, via DTC.

From what we understand, this forward split is still under review by
DTC and it is not a given that they will actually be presented. Once we
receive split shares we will be sure to post them to all eligible
accounts.

If you have any further questions please feel free to contact us.

Sincerely,

Patrick Leichliter
Scottrade Inc.
www.scottrade.com

Scottrade has been named Highest in Investor Satisfaction With Online
Trading Service Five Times in a Row by J.D. Power and Associates. For
award information, visit www.jdpower.com.


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