InvestorsHub Logo
Followers 278
Posts 37053
Boards Moderated 0
Alias Born 06/27/2011

Re: IMALLIN2 post# 61576

Thursday, 12/01/2011 12:24:20 PM

Thursday, December 01, 2011 12:24:20 PM

Post# of 79471
The email TD just sent me


At this time, there is a DTC chill on the security SAVW.

Based on the industry wide DTC "Chill" restriction that prohibits a clearing firms', specifically TD Ameritrade¿s, ability to settle trades and prevents book entry deliveries. If we is unable to settle our clients¿ trades the liability of the trade becomes TD Ameritrade¿s.

Sincerely,

David
Apex Trade Resolution, TD Ameritrade
Division of TD Ameritrade, Inc.