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Dallas66

05/26/11 8:15 PM

#466 RE: PAI #465

I would imagine that they have two bulk certs now...would be easier to track. I do know in the past, TDA has had combined bulk certs of both free trade and restricted shares. Also...the TA is the ONLY PERSON that can remove the RL and issue a new cert...not the broker...not the company..not the DTCC...not FINRA....not even the SEC. The TA is responsible for tracking each and every share, and it's associated status...be it restricted...free trade....held as treasury stock.

Something you might consider...I've done this several times......personally contacted the TA for the stock in question, and asked them for THEIR procedures to get me my physical cert.....then contacted TDA. The reason being is TDA has blatantly lied to me about the process/procedures in the past, and cost me a LOT of money.