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familyof5

10/30/11 10:24 AM

#19599 RE: alewis520 #19598

The Depository Trust Clearing Corporation, the DTCC’s is a private company whose job is to oversee the settlement of virtually all the trades in the United States Market. In other words, the DTCC’s main job is to make sure the brokers are delivering real shares and not counterfeit shares to the investment public.


Seems a certain broker is the problem not EGOC.
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bewenched

10/30/11 1:21 PM

#19600 RE: alewis520 #19598

It is DTCC elligible, it is just the brokers that use Penson as a clearing house that has problems and it's not just EGOC, it all otc stocks.