The DTCC not only settles the bulk of U.S. equity transactions.

FORBES: More Shots Fired In The Shorting War

According to the Forrester study, the industry devotes the bulk of its information technology dollars to minimizing glitches during sales transactions, rather than toward creativity and cutting-edge marketing.

FORBES: Web Shoppers Tapping The Brakes

This isn't the first time a company has locked horns with the DTCC, the brokerage-owned private company that handles the bulk of the clearing and settlement in U.S. securities transactions.

FORBES: More Shots Fired In The Shorting War

Insofar as Germany's leading financial institutions refused to make such loans to the non-creditworthy Soviet Union in the absence of 100 percent government guarantees to cover the transactions, the German government and taxpayers now find themselves the nation holding the bulk of non-performing credit exposure with the former Soviet Union.

CENTERFORSECURITYPOLICY: Center For Security Policy