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Imagination TV, Inc. IMTV
Posted On: 06/10/2013 1:28:46 PM
Post# of 45510
Posted By: HowzItgoing
Re: ICPA #31617

Steve, a stock-lending question. Any idea what the status of PNCH is with the NSCC? That is, is it possible to request that shares CANNOT be borrowed via the NSCC's stock borrow program yet maintain DTC eligibility? In other words, close down the basher buffet at the source.


NSCC's stock borrow program, as approved by the Commission, permits NSCC to borrow securities from its participants for the purpose of completing settlements only if participants have made those securities available to NSCC for this purpose and those securities are on deposit in the participant's account at DTC.
















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