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Re: mantan post# 910

Thursday, 07/31/2014 12:03:05 PM

Thursday, July 31, 2014 12:03:05 PM

Post# of 1080
Investigation on what exactly? It is crystal clear that the controlling interest wash traded the security up to false market valuation. There has been no discussion of Reg SHO Violations anywhere, in fact the exact opposite has been discussed, strict compliance with Reg SHO which lead to massive losses.

The greys have MMs, however they are not allowed to quote the security as it no longer has a valid Form 211. Due to the OTC Markets not being an "exchange" and specifically FINRA requires reporting of all trades through their respective SRO's. So as Brokers match trades for their customers the completed orders are reported to their respective market maker for public and non public trade reporting requirements.

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