InvestorsHub Logo
Followers 402
Posts 63143
Boards Moderated 3
Alias Born 11/25/2007

Re: varmit post# 83092

Saturday, 10/25/2014 12:50:04 AM

Saturday, October 25, 2014 12:50:04 AM

Post# of 221821
I'll bet the rules changed in GNCP already and we see the pressure building.

Short Sales. TM will continue the administration of the short
sale price test rule that became effective in FY 2011, including
responding to interpretive questions. In addition, TM intends
to continue to review whether enhancements to the rules
established to reduce persistent failures-to-deliver resulting
from short sales (i.e., rules addressing so-called “naked” short
sales
) are needed. In addition, in FY 2013 and FY 2014, the
Division intends to:



http://www.sec.gov/about/reports/secfy14congbudgjust.pdf



The Pressure is Building, Time is Ticking..