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Re: lucky, mydog post# 78786

Monday, 05/04/2020 1:22:33 PM

Monday, May 04, 2020 1:22:33 PM

Post# of 97094
I always understood that if a MM took on a 211, and more regulatory actions occurred the broker dealer could face shareholder lawsuits. This is an unaudited company!

Also, given the number of audits broker dealers face I also assumed that the SEC is basically telling MM's to stay away. BD's don't really want more of auditing headaches than they already have.

But, I suppose anything is possible.