I received the following message from etrade service center.
From: xxxxxxxxxx
Sent: 09/26/2011 05:17 PM
Subject: Trading & Investing
Topic: Trade Settlement
Account: XXXX-xxxxx
Reference Number: 9999999
Message:
Dear xxxxxxxx,
Thank you for your message regarding BCIT global lock.
Please be advised that, unless a DTC participant holds a security in physical certificate form with DTC, the security is frozen and globally locked from any activity at DTC as of the effective date of the lock. These transactions include, but not limited to, trade settlement, certificate requests, and asset transfers. A global lock applies to all transaction type & date until the lock has been released by DTC.
Sincerely,
Ms. Courtney Eberhart
1-800-ETRADE-1 (1-800-387-2331)
Team Lead - Risk Trading Team
E*TRADE Securities LLC.
Time and the Creator of it are my friends