Home > Boards > US Listed > Oil/Gas/Natural Energy Production > Top Ships Inc. (TOPS)

Some Nasdaq market makers have also worked improperly

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
keekee Member Profile
 
Followed By 108
Posts 4,097
Boards Moderated 0
Alias Born 09/29/11
160x600 placeholder
Amended Statement of Beneficial Ownership (sc 13d/a) Edgar (US Regulatory) - 10/25/2021 5:01:08 PM
Amended Statement of Beneficial Ownership (sc 13d/a) Edgar (US Regulatory) - 10/7/2021 4:28:35 PM
Amended Statement of Beneficial Ownership (sc 13d/a) Edgar (US Regulatory) - 9/24/2021 5:01:13 PM
Amended Statement of Beneficial Ownership (sc 13d/a) Edgar (US Regulatory) - 9/14/2021 5:01:25 PM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 9/9/2021 8:32:12 AM
Top Ships Reports $1.7 Million Profit for the Six Months Ended June 30, 2021 GlobeNewswire Inc. - 9/9/2021 8:30:00 AM
TOP Ships sells last non-scrubber fitted vessel for $6.9M Seeking Alpha - 9/1/2021 9:26:30 AM
Top Ships Inc. Announces Sale of Its Last Non-Scubber Fitted Tanker GlobeNewswire Inc. - 9/1/2021 9:15:00 AM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 8/13/2021 4:31:31 PM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 6/28/2021 4:31:25 PM
TOP Ships Inc. to Participate in Future of Shipping Virtual Conference Presented by Maxim Group LLC and Hosted by M-Vest on J... GlobeNewswire Inc. - 6/28/2021 4:30:00 PM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 5/11/2021 9:24:07 AM
Top Ships Inc. Announces Delivery of Suezmax M/T Eco Malibu GlobeNewswire Inc. - 5/11/2021 9:15:00 AM
Top Ships and Broadwind among industrial gainers; Navios Maritime only loser Seeking Alpha - 4/26/2021 1:02:43 PM
Annual and Transition Report (foreign Private Issuer) (20-f) Edgar (US Regulatory) - 4/23/2021 5:22:25 PM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 4/23/2021 5:22:25 PM
TOP Ships Inc. Announces Filing of 2020 Annual Report on Form 20-F GlobeNewswire Inc. - 4/23/2021 5:19:19 PM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 4/6/2021 8:01:14 AM
TOP Ships Inc. Announces Delivery of Suezmax M/T Eco West Coast GlobeNewswire Inc. - 4/6/2021 8:00:00 AM
Amended Statement of Ownership (sc 13g/a) Edgar (US Regulatory) - 2/11/2021 6:03:45 AM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 1/8/2021 4:12:22 PM
Amended Statement of Ownership (sc 13g/a) Edgar (US Regulatory) - 1/8/2021 10:50:39 AM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 12/4/2020 4:07:44 PM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 10/30/2020 4:11:07 PM
keekee   Wednesday, 10/21/20 12:16:49 PM
Re: keekee post# 12097
Post # of 12270 
Some Nasdaq market makers have also worked improperly
together in this way to fill customer orders or to reduce
inventory exposure.-[60]- In such cases, a market maker
having a sizeable customer order or an inventory imbalance called
upon other market makers to coordinate their quotations and
transactions with the requesting market maker. The fact that a market maker used these arrangements when engaged in buying or selling securities for a customer was typically not disclosed and may have violated the duties owed by the market maker to its customer.

Such undisclosed collaboration can injure the interests of
both retail and institutional investors. A market maker
representing a customer order is required to obtain the most
favorable terms for its customer that are available under the
circumstances. See, e.g., Opper v. Hancock Securities (Supplied by us: Opper v. Hancock Securities Corporation, 250 F. Supp. 668 (S.D.N.Y. 1966)).

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences