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mplscubfan

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mplscubfan

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Tuesday, 10/31/2006 1:56:28 PM

Tuesday, October 31, 2006 1:56:28 PM

Post# of 76867
The Securities Exchange Act of 1934 mandates that if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent and the broker/dealer it clears for must purchase securities to close out its fail to deliver position.

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