That was a neat trick DTCC! Sincerely, DRS ๐Ÿดโ€โ˜ ๏ธ๐Ÿ’œ

  1. Wait ... THE dtcc!? The self regulating body that distributes shares and IOUs?! How could the not catch this in their self regulation?

  2. In fact they only keep shares and distribute IoUs. No shares at Brokers. Ok you are right in the Sense that they "distribute" shares to Computershare once they get DRSed.

  3. So if Iโ€™m not mistaken, isnโ€™t the electric car co. Doing a 3 for 1 also as a split distributed as a dividend? If anyone has some with a broker, can they check how the DTCC handled this one? Iโ€™m genuinely curious

  4. The brokers didn't get the newly issued shares from the DTCC. I wonder what the brokers will do once the price of GME hits four digits and their clients start to paperhand...

  5. I donโ€™t understand how the brokers following DTCC instructions leaves the brokers short. I would think it would be the DTCC.

  6. Bafin (German Sec) said a few weeks ago that the issue should be resolved by the end of the month. Are the DTCC just FTDโ€™ing the whole country of Germany?

  7. What do you want to bet that on T+35 of the DTCC committing international securities fraud that they commit even more international securities fraud and FTD their FTD's even more?

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Author: admin