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host7423

01/16/12 4:20 PM

#22173 RE: imgoingfishing1 #22171

i have emailed scottrade the question before and they claim they never short shares from customers accounts
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sem1

01/16/12 4:34 PM

#22177 RE: imgoingfishing1 #22171

I actually I've discussed this idea with my financial adviser and my broker.
This is what they said, By requesting physical certificates of shares we actually taking our shares out of electronic pool and taking this shares out of market. At this point MMs can't get there hands on it. Only us at this point can decide what to do with shares. Most brokers will provide a physical certificates for minimal to no fee. Just FYI