Posted On: 11/26/2013 8:59:38 AM
Post# of 1609
Just to clarify, it is not a chill that is being impose by the DTC but a global lock or freeze. Cheers!
A “chill” is a limitation of certain services available for a security on deposit at The Depository Trust Company (“DTC”). A “freeze,” formally referred to as a “global
A “chill” is a limitation of certain services available for a security on deposit at The Depository Trust Company (“DTC”). A “freeze,” formally referred to as a “global
lock,” is a complete restriction on all DTC services for a particular security on deposit at DTC.
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