Replies to post #302393 on Digital Brand Media and Marketing Group Inc (DBMM)

[otterman]

If they are 'acting as principal' in the trade, they could be held liable and probably should know that answer.

But many brokers are just clearinghouses or placeholders (see 'discount broker') and hold most securities in their inventory (then flip them to you) and probably have no clue (nor would they admit) where they came from.