This is what I wrote:
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What sort of review has to be done to change a clerical error? My understanding is that the 15c211 form was mistakenly approved for the old CUSIP 05968X106, instead of the new CUSIP 05968X205, on October 23, and then pulled on November 7. Today is November 17—how long should it take to change two digits in a CUSIP number?
Or, is there an issue with the large naked short position, as many brokerages continued selling phantom shares of BCIT after the DTC ceased all clearing activities for BCIT on August 16, 2005, yet 247 million shares traded between August 16 and August 29, when Ameritrade stopped buys, and August 30, when Scottrade stopped trading, before the August 31 SEC suspension.
Also, BCIT was removed from the SEC Reg. SHO list on August 17, 2005, meaning that an existing naked short position had been covered. How did this short position get covered when only counterfeit shares were available for purchase?
So, what is the current review about?
Thank you.