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noquit

09/24/09 6:50 AM

#15765 RE: cardinalstlouis #15761

I once spoke to Kevin Kohler about his emails that someone here published. I would have continued further with him but the forum member had already sold his ANVH stock.

But this one is incredible.

Any brokerage has the right not to trade a pink sheet stock by not submitting the required $2500 to do this, but they must still allow the selling and transferring of those issues until it exists no more in a clients account.

Just like TD Ameritrade.

Don't delete those emails.

BTW, what email program do you use ?
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noquit

09/24/09 7:08 AM

#15767 RE: cardinalstlouis #15761

Pokerplayer, Kevin Kohler lied to you.

The Global Lock ONLY APPLIES to whatever DTC directly controls, but does not in any way restrict other entities from clearing and settling trades out of the DTC's direct control.

All stock trades are recorded by the DTC, global lock or not.

The below was from Kevin Kohler:

"The global lock simply means that DTC has suspended all trade settlement services for the particular security. With no legitimate means of settling trades, Scottrade will not accept orders for ANVH until the suspension has been lifted."