I sold shares of GVRP through Ameritrade

[Art2Gecko]

Posted by: timmage
In reply to: timmage who wrote msg# 52585 Date:5/24/2005 8:38:55 PM
Post #of 52631

Inadvertant Short Sales: http://www.nasd.com/web/idcplg?IdcService=SS_GET_PAGE&ssDocName=NASDW_004038



NASDR also notes that the obligation
for making an affirmative determination
and complying with the
Bid Test Rule rests with member
firms and may not be shifted to customers.
For instance, members
may not satisfy the Affirmative
Determination Rule for short sales
by merely giving warnings to customers
that they are required to
make good delivery of the securities
or that they will be financially
responsible for any losses incurred
from covering short sales.