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Re: wEaReLeGiOn post# 50657

Sunday, 07/24/2011 9:04:56 PM

Sunday, July 24, 2011 9:04:56 PM

Post# of 92719
Excellent must read post.

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.