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bob41

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bob41

Re: Wildbilly post# 147591

Thursday, 09/27/2007 2:29:31 PM

Thursday, September 27, 2007 2:29:31 PM

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"Securities receivable by the broker or dealer as a security dividend receivable, stock split or similar distribution for more than 45 calendar days, then the broker or dealer shall, not later than the business day following the day on which such determination is made, take prompt steps to obtain physical possession or control of securities so receivable through a buy-in procedure or otherwise."


http://www.law.uc.edu/CCL/34ActRls/rule15c3-3.html
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