DCI Telecommunications - DCTC Today Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: De Peepster who wrote (11794)	11/30/1998 9:52:00 AM
From: Colin Cody	Read Replies (2) of 19331

barbara, No OTC-BB stock "may" be held in a type 2 account. All items in a type 2 account are considered for loan value. There's no little man looking over the contents of every type 2 account to figure out which of the items to compute the loan value on each day. (g) While you may see nothing wrong with holding DCTC in a type 2 account, this isn't the issue. We as investors have no legal say in which account a broker puts the stock in. The broker BY LAW has no choice but to out DCTC in a Type 1 account. If you have DCTC in your Type 2 account, it is an error. If the broker figures it out, he'd transfer it to Type 1, unless he wanted to be in violation of the law. Colin

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next