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frogdreaming

08/22/09 8:27 PM

#69728 RE: wjbatt07 #69720

According to this latest theory it looks like it would be the DTC.

So who is liable? the shareholder or the broker if the shareholder's account shows the ownership of shares?

If the DTC agrees that the share has settled in your account, then how can they not be liable if it is not really there?