Replies to post #35588 on Citadel EFT Inc (fka CDFT)

[janice shell]

I beg your pardon? The issuer is the ultimate authority.

According to AU Section 332, Auditing Derivative Instruments, Hedging Activities, and Investments in Securities...

Section .21 offers this:

Examples of substantive procedures for existence or occurrence assertions about derivatives and securities include—

Confirmation with the issuer of the security.

http://pcaobus.org/standards/auditing/pages/au332.aspx

Treasury is the supposed issuer of the securities in question, and so good practice dictates that MaloneBailey was required to get in touch with them.

Keeton will be bound by the same rules.

[Hokie]

No one not even treasury has proven bonds real, fake bonds .