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Re: douglashodges1 post# 43322

Monday, 06/27/2011 5:23:08 PM

Monday, June 27, 2011 5:23:08 PM

Post# of 98509
I think he's referring to Penson Financial Clearinghouse is announcing on Zecco and TradeKing that it will not clear any non DTCC stocks. They released a list on May 2, 2011 of stocks they won't handle - TYTN is not on it. However, not all of the stocks they list are DTCC ineligible.

This only applies if you are trading through Zecco, TradeKing, and some others. Fidelity and E-Trade don't use Penson, so they don't have any problems.

http://www.tradingdirect.com/Static/StandAlone/non_dtcc_list.pdf#zoom=80%