Replies to post #155 on Worthless Securities DTCC Non-Transferable list (PENSON)

[Yosako]

I wrote about it to the SEC. :-)

Zecco's reps are even messier.
Yesterday I chatted with a rep, which told me GPGD wasn't on the non-DTC list, which is updated in a intraday basis.
However, since GPGD still appears on the publically available non-DTC list from Zecco, I asked for an update via customer support chat and another rep told me the public list was updated 2 weeks ago and that they can't get an update. Telling him that information which isn't CURRENT is as good as worthless as it can change anytime didn't help. Another rep also told me they don't know the stock's tranfer agent. Holy cow.

Since updated DTC-eligibility information is critical as it involves fees, refusing to call the DTC/Penson/whoever knows its CURRENT status to "disclose material facts about an investment" is prohibited conduct by FINRA.