Followers | 403 |
Posts | 57859 |
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Alias Born | 05/01/2010 |
Thursday, December 19, 2019 1:25:01 PM
This proposed rule will diminish the need for SEC Suspensions where the SEC has to spend time to find delinquent SEC Registered stocks. It is to place all responsibility on Brokers and Market Makers to ensure ALL information and disclosures are current. If they aren’t current , they remove their quotation services and it goes to the Grey Market.
Sounds like a win/win to me, I don’t know why any trader would oppose it.
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