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Re: Homebrew post# 127333

Saturday, 10/07/2017 5:14:04 PM

Saturday, October 07, 2017 5:14:04 PM

Post# of 207125
If meaningless why does FINRA post the report?

Pursuant to Rule 203(b)(3) of Regulation SHO and FINRA Rule 4320, a participant of a registered clearing agency (i.e., a clearing firm), that has a fail to deliver position at a registered clearing agency (i.e., National Securities Clearing Corporation) in a Threshold Security for 13 consecutive settlement days must immediately close out that fail to deliver position by purchasing shares of like kind and quantity.