Replies to post #17544 on DD Support Board and Research Team

[BigBake1]

First of all, the DTCC should not be able to revoke a stock's DTC eligiblity, a SEC trading halt/suspension until the dirt has been cleared would stop trading without ever ripping off investors with outrageous fees.

Lol, whatever. First they are a business, they are not regulatory body or a law enforcement agency, like all businesses they have every right to refuse service in order to protect themselves and the market. The self clearing broker dealers are now on the hook and well they do not like having unregistered certs sitting in their accounts that they are likely going to have to eat. So they are also protecting themselves from being stuck with crap as they are legally allowed to.

Focus on the origin and not the middle men protecting themselves and the market place full of crap unregistered stock.

As far as the outrageous fees, they have been here since stocks were trading manually, it is not news that in order to manually trade certs it requires plenty of resources to complete the trade through the chain.

Last, “I know the risk playing in penny land, so I can accept it when I get stopped out because of that risk”.

Come on you know you have said it, time to belly up to the table and eat crow.

[SRV-90]

There's an expression that fits best here:

Hook, line and sinker

[Risicare]

the DTCC should not be able to revoke a stock's DTC eligiblity,

ROFLAMAO! You should read what "rights" you have in regards to dealing with your broker if you think that is bad. These are businesses and a free country you don't tell them how they can or can't manage their risk and run their business.