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Re: jwez post# 47664

Monday, 01/09/2012 11:35:46 AM

Monday, January 09, 2012 11:35:46 AM

Post# of 113927
Zecco just confirmed that they show MMTC as being DTC eligible. Isn't it a little strange... or is this common? I asked how it could change so quickly and they said they can switch back and forth at any time.

It makes me go back to this --

"During certain reorganizations, redemptions and maturities, DTC will chill the security for book entry activities to "close the books" with the transfer agent in order to stabilize positions while the event is occurring."