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quasi_smart

02/13/08 8:50 PM

#100875 RE: mastaflash #100867

Are they referring to the DTCC?

"the individuals at the other brokerage firm whom sold the shares - obtained the shares illegally, that the selling firm would be liable for them, and that US clearinghouse that cleared the trade would usually guarantee our end of the transaction, meaning you should not be held accountable for any illicitly obtained shares that may have been sold in the market