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Wooden Indian

04/18/11 6:37 AM

#127867 RE: Bernanke_nomics #127862

Well, I'm guilty of crossing the immaturity threshold set by the Chopper. But, Ben, seriously, I think INIX was caught unaware of the DTCC problem when they forward split.

It's not like the government ever sends out notices of policy change and they never send them out early, like changing the margin requirement for commodities. Always catches investors and business flatfooted (except for the big banks who actually tell the government when to change the rules). OR if they do achnowledge the change it's on the back page of some obscure publication (obituary).

DDHOUND

04/18/11 11:09 AM

#127893 RE: Bernanke_nomics #127862

No. Not any name change or stock split but only forward stock splits and that is a new rule at DTCC applied in last year or two because of the confusion of x-date and record date. You do not have to re-apply to dtcc for name change only forward stock split.

db

04/18/11 11:25 AM

#127894 RE: Bernanke_nomics #127862

wow! you really work hard at what you do. I honestly have you on iggie, but viewed a reply to your post. your tenacity is unreal itself.