Hi.
What´s the stock you had trouble with? Like I said, I use Sogo, which also clears through Penson, and just once I couldn´t buy a stock for DTCC reasons. I don´t trade pinks because they are not available with Sogo. I think the problem is fishy, like you say, and the rules are not clear and you can have ugly surprises at any time. That´s why I think that the safest is OTC, not pinks. You still have that wonderful volatility, but the market is more "legal". Also, I have read many bad things about Zecco and the DTCC subject. I think it´s very important that you can trust your broker about this. I think Sogo is more trustable than Zecco in that matter at least.
Good luck!
