Worthless Securities DTCC Non-Transferable list

[Yosako]

Same for me on $GPGD. The worst thing is that the Zecco idiots have taken the 10% 20-day ADV rule without the $50k limit. Zecco doesn't allow trading more than 10.000 shares right now unless the order is sent by phone (which I can't as my spoken English is too basic). Do you imagine trading like that in a flurry of activity? Wait it's seventy-no!! it's fifty-wait!!! it's eighty-three.

So far I've found out the whole formula. The NSCC deposit requirement for Penson (for stocks under $0.01) is $0.01*number_of_shares.

That means the requirements to set my sell order of 405000 shares would be $4050, far below the $50k limit that could trigger a buy-in. That rule however can screw the triple zero players which move several million shares.