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Zecco used to throw up 'DTC chills' all the time. They 'merged' with TradeKing. The issue with Zecco was Penson. Penson had some serious financial problems -- eventually leading them into BK. It always seemed suspect which stocks they decided to chill and which they did not. To me. Then again, I'm a suspicious person! It's just that all the chills started coming to pass PRIOR to the 'news' of their financial issues.
Anyway, Zecco always blamed Penson, their clearing firm. Zecco lost a lot of customers from it -- probably why the merger w/ TradeKing.
I believe TD clears for itself -- possibly why we are only seeing the chill issue with TD. Chills are related to clearing concerns. Correct me if I'm wrong about this. I don't use TD.
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