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Re: terry_mathews post# 41960

Tuesday, 06/05/2012 9:22:45 AM

Tuesday, June 05, 2012 9:22:45 AM

Post# of 44119
One reason why the DTCC has blocked efforts of ZICX to trade again at every turn.

Just who is the DTCC? Well it is owned by its principal users, the “DTC Participants” which just happen to be comprised of the very brokers who are subject to financial harm by being forced to cover the above “naked short” positions if BCIT were allowed to trade again. This situation is simply nothing more than the DTCC, an SRO (Self Regulatory Organization) ignoring its own statutes and regulations; REG SHO Rule 203(b)(3). Rather they are intentionally obstructing BCIT from trading to ensure their owners, the “DTC Participants” have no potential exposure to financial harm.



http://www.let-bcit-trade.com