Dec. 11, 2006
Dear Ms. Keefe:
Kentucky Securities Regulator
This is ///// Scott in /////// Kentucky. First I want to Thank-You for kindly answering my letter that I sent to our Governor in regards to Settlement-Failures and Naked-Short-Selling a few weeks back.
If you can find a few extra minutes please listen to this audio-presentation which occurred today on 'Christian Financial Radio' with Dr. Susan Trimbath, former Operations Manager for the DTCC - It is very informative on the issue. The ladies do a discussion then a short Q/A on SRO's/Broker-Dealers/ the UTAH law and the dematerialization of paper certificates... It is very professional and insightful.
Colleen, please do something to just make the brokerages settle the darn trades as the law requires. Companies staying on SHO list a year is unacceptable - More n more companies are requesting their NOBO list and discovering large imbalances... Let me know if you would like a list of them and their intentions, or if there’s any info I can help you with please just let me know. I tried sending this to your email but it was returned.
Please listen to Dr. Susan Trimbath, former Operations Manager for the DTCC - Her conversation today on Shorting/NSS/Fails-To-Deliver on 'Christian Financial Radio.' Look for an replayable archive link of the broadcast later today and accessible for a month at: www.cfrn.net
~ HAPPY HOLIDAYS ~
Respectfully,
////////////////////
AI
