Huh, so they dont have authority to contact them but have authority to basically stop trading a stock..... AND then they cant tell the co how to remove the chill?lol So Im assuming they think that they the co already knows its doing wrong and needs to figure it out themselves.
The Gatekeepers of the DTCC have taken affirmative steps to CHILL many stocks that have suspicious trading activities of allegedly unregistered securities or improperly exempted from registration securities. The DTCC does not have the authority to initiate questions to a Security so the DTCC chills a Security until the chilled Security contacts them and remediates the concerns. The DTCC does not advise any Security or the inquiring public on specific remedies or processes to remove a chill because the " bad actors " would quickly find loopholes and other deceptions to circumvent a DTCC Chill.
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