COMMENTS?
For your wry amusement here's Amerislop's response to my request for physical certs:
Dear Mr. (Especially Valued & Screwed Over Customer):
"Your information regarding the situation surrounding BCIT is incorrect.
TD Ameritrade is a self-clearing brokerage firm which utilizes Depository Trust & Clearing Corporation (DTCC) as our depository. Our clients¿ securities, specifically BCIT, are held there electronically in street name for the benefit of the rightful owner. TD Ameritrade is in compliance with regulations set forth by the regulatory agencies with respect to clearing trades, custody services, and record keeping.
BCIT is currently designated as globally locked by DTCC. When a security is globally locked by DTCC, the security is not available for delivery, transfer, or withdrawal; effectively all activity in the security ceases at DTCC. Regardless of when an investor purchased the security, the global lock affects all shares of BCIT held at DTCC.
As a result of the current DTCC designation, TD Ameritrade is unable to facilitate client requests for stock certificates of BCIT. Additionally, pursuant to SEC Rule 15c3-3, the circumstances surrounding BCIT have created a scenario that is beyond the scope of what is considered the normal course of business; thus further prohibiting TD Ameritrade from obtaining certificates.
I apologize for any frustration this situation has or may cause you in the future; however, there is nothing further TD Ameritrade can do or say concerning this situation. If you feel you must pursue this matter further, you may do so outside of TD Ameritrade.
Regards,
Albert Woolum
Apex Safekeeping and Restricted Stock, TDA
Division of TD Ameritrade, Inc."
