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Re: JimmyCrickets post# 119492

Saturday, 08/20/2011 8:20:58 PM

Saturday, August 20, 2011 8:20:58 PM

Post# of 127409
All penny stocks that are non-dtc-elgible are doomed. Just recieved this from one of my Brokers I use...

Customers who trade non-DTC-eligible securities are responsible for these fees, which can be as high as $700.00 per trade. Orders that require executions with multiple contra-parties will result in settlement fees for each separate transaction. These charges may not be immediately charged to your account following a trade, as Penson may receive notice of such fees as much as three weeks later. Zecco Trading reserves the right to withhold funds in a customer’s account pending potential assessment of fees.