jvg25 - It sounds like (IMO) Scottrade may not actually have the real shares sitting in your account for your (SFIO) holdings and so cannot be transferred to Fidelity. Electronic markers are not transferable, only real delivered settled shares. Unfortunately I have not the knowledge of a quick fix or resolution for what shareholders can do in such a predicament; perhaps someone reading this thread has some ideas.
One idea that comes to mind is to call Scottrade and demand to have a stock certificate for all of your SFIO share holdings sent to you in your name. However, just know three major issues with doing this. First is there could be huge fees to get this done, before giving the ok to the brokerage make sure they tell you the exact total amount it will cost you (it may just be too expensive for you). Second, even if you have a cert in hand eventually, you must find out before hand if Fidelity will even accept the cert into your new Fidelity brokerage account. Because of the DTC ineligibility of SFIO right now, they may not accept the cert, if they do not then obviously this is a dead end path for you; though I'm thinking they would accept it because I do not think Fidelity uses the DTC for clearing/settlement, not sure.
Lastly, even if Fidelity can accept the cert, there will be fees on their side to accept them into electronic form AND it will take time; all the while the stock could begin trading again (who knows) and you would miss out on any trading that occurs during the time it takes for them to get your shares into electronic form.
Ultimately though, I think because Scottrade uses DTC for clearing/settlement and SFIO clearing/settlement of shares by the DTC is locked down (frozen) right now, those shares cannot be removed, delivered, nothing. Those alleged shares are in jail and no matter what you try to do I do not think Scottrade can do anything about it. If they can be transferred, when or if Scottrade attempts to transform the electronic shares into a certificate, there may be a failure (FTD) and so they may come back to you with some excuse about the 'market' being illiquid and shares cannot be obtained due to the 'global lock'; this would suggest that they sold you air (phantom shares, elec markers). I sincerely hope that you are able to somehow get your shares you rightfully bought out of Scottrade and into Fidelity but because of this 'global lock' by the DTC, it may not be possible.
GLTY
$SFIO!
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