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turn2him

09/27/11 12:34 PM

#138132 RE: molson_ice1 #138130

The intrigue now has to do with someone collecting the responses from the brokers and create an action plan for next step. Up till now, noone had any clue what to do except arbitration and we saw recently how that turned out, to imo, noone's surprise. The biggest surprise was FINRA planting a stake in the ground based on a date August 16th. And now Etrade offering a different opinion that no date is applicable, only that a global lock exists or they will provide certs.

Two differences of interpretation of global lock. So an official explanation should be provided by DTCC and with imo a specific remedy for the global lock to be removed, not a moving target for remedy.