Agree...that is why DTCC records are only a tip of the iceberg. Skill testing question: How many shares of BCIT traded AFTER the DTCC suspended services?
...the trading activity DIDN'T EVEN FLINCH!
...gives you an idea how big the problem really is...
When I called and brokers would not accept responsibility for taking our money and no certificate delivered. They kept saying they are only do what we told them to do...buying shares. They are the middleman and we made all the decisions to buy and sell. All I can say is...crap.
that someone were the MM's selling millions of shares they didn't have in the name of keeping an orderly market.Some brokers also act as MM so they can double dip, I know Fidelty did with my shares, the music stopped and all the chairs were taken. Let the MM's now cover those sales.