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Re: sbb4th post# 70271

Thursday, 08/30/2012 6:18:35 PM

Thursday, August 30, 2012 6:18:35 PM

Post# of 83181
Following your post, I called again to DT Ameritrade. They said this time that the issue appears to be of such a low prominence that the most MMs have chosen just to ignore it.. This could mean that the DTC action is generally considered as outright frivolous. Which is quite obvious.
Though DTC is following the SEC action, the DTC and SEC actions are incongruous. Just some clarification is required probably.

The TD Ameritrade is working with outside MMs and, thus, is having many of them, and is reflecting the general markets sentiment, but E-Trade is MM itself.. that is limited in this regard. But let's wait and see.