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janice shell

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janice shell

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Re: Art Vandeley post# 72948

Tuesday, 07/22/2014 2:22:33 PM

Tuesday, July 22, 2014 2:22:33 PM

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The current process allows only one market maker to fill out the Form 211. This creates an undue burden as other market makers can benefit if the application is accepted without sharing the risk assumed by the market maker filling out the form.

Not quite. The sponsoring MM gets to trade the stock exclusively for 30 days.

If FRTD was the only one of those stocks Brochstein saw something wrong with, he just didn't look hard enough.
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