InvestorsHub Logo
Followers 286
Posts 21275
Boards Moderated 4
Alias Born 09/16/2009

Re: bgolfweight post# 179552

Friday, 03/19/2021 6:13:33 AM

Friday, March 19, 2021 6:13:33 AM

Post# of 224116
Its options, it has nothing to do with short selling of any type. You actually read the entire document, it is to prevent risk exposure if in a case all options contracts were to be purchased. The lengthy end of the month process for accounting could lead to a brokerage or clearing house not having enough capital to meet those obligations, so a daily process will now occur so as not to allow such firms to exceed their capital requirements. What does it have to do with short selling? Absolutely nothing! What does it have to do with OTC Quoted securities? Absolutely nothing, there are no options contracts here. What does it have to do with GNCP? ABSOLUTELY NOTHING.....