dtc applied restrictions to 1000's of stocks altog
Post# of 8054
now apparently due to a political or legal backlash DTCC is providing for some due process- though the whitepaper seems like a whitewash of dtc's imo illegal without due process prior actions
DTCC whitepaper concerning the issuance of Deposit Chills and Global Locks and the resumption of services.
http://t.co/bWbD8CYEWv
another post remarks:
"If you notice this process now includes the SEC, this was a result of the SEC action in March, 2012 for a “Fair Procedures Act” for clearing services. I would expect even more changes in the OTC since there are many tickers still under the old CNS Exit and Trade for Trade designation and Global Locks."