Skybridge Tech Group (SKGO)

[NASCOW]

What does it mean? most brokers who use DTCC will not trade / clear SKGO, and shareholders will be in limbo as most brokers will not allow a transfer of a DTCC suspended penny security to or accept a transfer of a DTCC suspended penny security from, another brokerage...example ZICX on DTCC suspension for over a year

...next up could be the discontinued execution through the managed (mngd) route for certain Non-DTCC eligible securities due to increasing pass-through costs -

For various reasons, certain securities cannot be made DTCC-eligible or have had their eligibility revoked, usually due to operating or financial issues with the underlying company. As a result, the clearing of these physical positions can carry significant pass-through charges to settle the trade. Trades routinely carry with them the following pass-through charges: Execution Fee-$7.50, DTC Fee-$80.00, Deposit Fee-$75.00, and a New York Window Fee of $34.00. Additional pass-through fees from Transfer Agents ranging from $25.00 to $500.00 can also be associated with these securities that would increase the cost passed through for clearing and execution.

IMO