AMC Entertainment Holdings Inc (AMC)

[Beek]

Well...isn't this interesting. Look what got posted to DTCC's site 6 April 2021. Listed as "DTC Letter of Securities Possession (LOP)". Looks like another way to force HFs to not naked short...or at least pay more for it.

https://www.dtcc.com/legal/issue-eligibility

"if the Certificates are not received by DTC’s Underwriting Department by 4:00 p.m. ET on the Closing Date, DTC may debit the Account of the DTC Crediting Participant to the full extent of the Certificates not so received, and if this debit creates a short position, DTC may charge the settlement account of the DTC Crediting Participant 130% of the current market value of the securities represented by such Certificates until they are received by DTC. "

FTD's (Fails to deliver) are about to get more expensive.