I think you are right about this."I think is applies to transactions that the participants executed on these shares AFTER the DTC Chill went into effect. So DTC is giving them a chance to clear those up.".......So the question becomes; if the dtcc is going the clear up the ftd after the chill,why would they do that? Unless they have a plan to go after the FTD before the chill(the main reason for the chill to start with)? .....I`m not sure either way,I may call on Monday and ask.
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