Mon, Jul 28, 2014, 2:05 PM EDT - U.S. Markets close in 1 hr 55 mins


% | $
Click the to save as a favorite.

mPhase Technologies, Inc. Message Board

  • stockyardbull4 stockyardbull4 Jun 28, 2013 10:18 AM Flag

    DTC chill

    If you put a buy order in on Amiritrade you receive the following message;
    "Order cannot be processed due to a DTC ( Depository Trust Company) chill restricting the ability to transfer a security and settle the trade."
    So how do folks buy this stock??
    From the SEC:
    Occasionally a problem may arise with a company or its securities on deposit at The Depository Trust Company (DTC). In some of those cases DTC may impose a “chill” or a “freeze” on all the company’s securities. A “chill” is a restriction placed by DTC on one or more of DTC’s services, such as limiting a DTC participant’s ability to make a deposit or withdrawal of the security at DTC. A chill may remain imposed on a security for just a few days or for an extended period of time depending upon the reasons for the chill and whether the issuer or transfer agent corrects the problem.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
0.0007-0.0001(-12.50%)Jul 28 11:42 AMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.