I have talked to the DTC extensively as I have a contact there, and I have talked to the TA. The TA knows nothing, but my DTC contact says that when a company has this issue, it can be something as simple as answering a few questions over the phone that satisfy the DTC and all is immediately removed.
The fact that Scottrade, Fidelity and other brokers have no problems allowing buys or sells is a direct result that the issue is something very simple to clear up and there is no industry wide revocation. It can keep being painted as some panic moment but it's not. JAG is taking care of the issue, the DTC could need her to answer a few questions, the DTC could need a few documents faxed to them and on file. Obviously back in Q1 there was something they needed or a phone call that went unanswered, and it is now being taken care of by JAG.
It isn't anything that can't be resolved in short order given it is now being addressed. My contact said if it was something serious, no broker would allow buys. So, let's calm down and let JAG handle this and eliminate the sky is falling HFBG is on the naughty list at the DTC talk.
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