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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: steve goldman who wrote (16967)3/4/1999 11:13:00 AM
From: R. L. Chapin  Read Replies (1) of 122087
 
Just something else you should be aware of, if you have a debit balance, the account must be transfered via ACAT as only fully paid securities can be transferred via DTC. Also, you cannot transfer short positions becaase the present firm has the locate and the locate will not transfer An ACAT will transfer the whole account, unless there is a short position, then the ACAt will not work either.
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