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Don

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Alias Born 01/06/2008

Don

Re: condor1 post# 76960

Wednesday, 06/29/2022 10:46:30 AM

Wednesday, June 29, 2022 10:46:30 AM

Post# of 107155
To your questions.
1) Finra issued an information notice in 2019 covering this topic. https://www.finra.org/rules-guidance/notices/information-notice-051019
2) The $2.50/share is a margin maintenance requirement placed on the entity shorting the shares. No money changes hands for this. There is no favorable treatment.
3,4) MM are permitted to make a market in a stock to provide liquidity. They can move the intraday price but only with a coparty to buy or sell. They normally do not carry their own inventory but buy/sell per their customer orders.

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