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[BeachBum]

Traders who use discount brokers like Zecco who clear through Apex cant buy shares of SDVI.

Doesn't Scottrade posting under NITE clear through Apex? So if your argument holds true, why can I buy SDVI through Scottrade?

The following brokers outsource trade clearance and settlement:
Fidelity - uses National Financials
Scottrade - Apex
Zecco - Apex
Trade-King - Apex
Options House - Apex

Apex Clearing (formerly Penson) is the major clearing house for hundreds of brokers unlike ETrade, TDAmeritrade and Schwab who only handle their own.