News Focus
News Focus
Followers 0
Posts 1324
Boards Moderated 0
Alias Born 10/17/2010

Re: wEaReLeGiOn post# 48786

Monday, 07/11/2011 7:41:45 PM

Monday, July 11, 2011 7:41:45 PM

Post# of 93140
Yes, you are right, those shares would need to already be settled to be transferred away from a brokerage using DTCC to another brokerage. So I guess while the DTCC restriction is in place, anyone who is using ST/ETrade/TDAmeri with unsettled shares will not be allowed to transfer them?! Sucks.

Anyone here who happens to have one of those three brokerages but who has settled shares of SFIO? I wonder. I guess that would be the only kind of holder who would successfully be able to transfer to Fidelity.
Interesting, I did not know that Fidelity uses DTCC, thanks for the DD. I guess Fidelity has certain extra resources for custody which is why they are still allowing their clients to trade SFIO (?).
cheers

$SFIO!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y