InvestorsHub Logo
icon url

Durkkdiggler

05/04/11 11:50 PM

#96986 RE: Dakota Dad #96985

DTC lockdown is a pure sign of a investigation. It stops RCCh from printing shares and protecting the public from menacing companies
icon url

Durkkdiggler

05/04/11 11:55 PM

#96988 RE: Dakota Dad #96985

If the DTC has cause to be concerned about a specific security currently processed through its system, it may place a "chill" status on the security. This will restrict brokerages' ability to transfer the shares or units of the security through DTC until the security's issues are cleared up or it ceases trading on the market

http://www.investopedia.com/terms/c/chill.asp