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glaszman

02/28/08 8:26 PM

#102503 RE: clarity789 #102499

i posted on that earlier. whoever "authenticated" the counterfietcerts that were deposited is liable...

that would be whatever brokerage that accepted them and the DTCC....
they have insurance for this type of thing...

TEX

02/28/08 8:38 PM

#102506 RE: clarity789 #102499

Granted: SEC's "oversight" of DTC...

Have you seen any example, way, fashion of the SEC exercising *any* oversight of DTCC?