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Re: frogmantom post# 50656

Saturday, 07/23/2011 11:29:37 AM

Saturday, July 23, 2011 11:29:37 AM

Post# of 92719
The problem is that the DTCC settles shares, yes even for Fidelity.

There is no problem with with custody of the shares, as the DTCC lock information on SFIO indicates.

If people are under the impression they can skirt the feds and somehow profit from this, they are sadly mistaken.


I hope everything goes as planned since I also asked a lot of questions and was assured that there wasn’t problem with this stock as FIDE*ity was concerned. But if it doesn't go through then I am no worse off. If it is the case that shares are sent back then it would appear that ST could be the problem.