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paidbasher123

07/10/13 11:49 AM

#60921 RE: BigBake1 #60913

If there are no typical "posted" processes,then how can ANYONE say with certainity that a chill will, or will not be removed, by doing "such and such"?

I will admit that the DTCC will more than likely stick with whatever "typical" processes are necessary. This minimizes the need for setting a new precedent, and then being forced to stick to it.

The problem here is, NONE of us know if Nick's dtcc chill removal statement is correct, because NONE of us are able to verify it.

Just trying to keep it balance. Not bashing, or pumping...just keeping it real.
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Jammin1

07/10/13 12:28 PM

#60959 RE: BigBake1 #60913

Can you provide a link to this SEC Roundtable video? I like to check things out firsthand and form my own opinion.

Does it clarify whether the policy of not meeting with issuers is about any topic, or just about whether the chill should be lifted? In Nick's case he was inquiring about timelines, not the interpretation of his paperwork, so perhaps that policy doesn't apply to this case.