Do you even have a clue what the DTC is for? Her
Post# of 46
Posted On: 05/16/2013 9:57:51 AM
Do you even have a clue what the DTC is for? Here, I'm confident that even you can understand this:
DTCC's subsidiary, The Depository Trust Company, established in 1973, was created to reduce costs and provide clearing and settlement efficiencies by immobilizing securities and making "book-entry" changes to ownership of the securities.
"Book Entries" to change in ownership of the securities, do you have any clue what that means?
Meaning, more made up BS to get the cheerleaders pumping a stock so that the DTC can make money.
(0)
(0)FUTURIS CO. (FTRS) Stock Research Links
Scroll down for more posts ▼