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theden84

03/28/10 12:41 AM

#23771 RE: pennypincher44 #23770

I understand that the certificate route is best. What I am saying is they have made it digital and the posibility that they have paper option is slim to none, unless by a glitch in their system they can't make it digital.

Can I trust this digital process and follow it the same as the paper certificate plan me and you have discussed? I mean is it the same thing only digital?


Effective January 1, 2009, E*TRADE and other broker-dealers will no longer be able to fulfill paper certificate requests due to an SEC regulation change. Instead E*TRADE will default paper certificate requests to electronic registration directly with the transfer agent using the Direct Registration System (DRS) built by the Depositor Trust Clearing Corporation (DTCC) and the industry Transfer Agents.

margoe

03/28/10 8:16 AM

#23782 RE: pennypincher44 #23770


I beleive brokerage agents today in 2010 make this very difficult because they know there is a lot of money in short-trading going on. Naked Short-selling is illegal but it is a practice that has made brokerages billions of dollars in our era. Good luck to you and make the decision that is right for you. ------------------ -----------------------------------------------------------------------------------------------{ I agree 100%.}