never96, T/A says the same thing, and has been saying it since January when I called him.
Ameritrade, as of this week, still maintains that they are waiting to get their "bulk cert" from the DTCC.
Assuming both are telling the truth, it seems the NSS scenario is very true and very ugly. Will be interesting to see how the DTCC handles it.
Given the SA1 doubled price on a scant 8400 volume yesterday, if the NSS are forced to buy on the open market to fulfill the divi, we could see a nice run.
Starting to think that I should get my international acct funded early and start accumulating some cheap SA1 beyond my divi shares...