What you also have to be aware of, in these SPP's, is that you are only entitled to ONE takeup (to the maximum permitted), even if you have multiple registrations in your name. In the case of BLY I happen to have two separate registrations for some reason (I think it is because there is a slight variation in the addresses quoted - one includes the postcode and one doesn't) and consequently I received two offers. I could go ahead and take up a maximum of $30,000 and probably no-one would be any the wiser, but I would be in breach of the terms of the offer and the conditions of my acceptance. That would be actionable under the relevant securities laws.