Tuesday, October 03, 2006 11:31:48 PM
M E M O R A N D U M
TO: File
FROM: Office of Economic Analysis
DATE: August 21, 2006
SUBJECT: Fails to Deliver Pre- and Post-Regulation SHO
This memorandum provides summary data on fails to deliver through May 2006. It examines fails to deliver before and after the implementation of the Rule 203 of Regulation SHO. The data, as reported by NSCC, cover all stocks with aggregate fails
to deliver of 10,000 shares or more.
ALL FAILS TO DELIVER WILL BE REPORTED FOR EVERY NAKED SHORTED BKMP SHARE!
Karbin.
karb.
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