Valentine Beauty Inc. (VLBI)

[The Virtual Cat]

Just to pick nits here, I don't believe that Rule 15C2-11 specifically limits trading to only one market maker for 30 days, but if another market maker wanted to quote they would also have to file a 15C2-11. And filing a 15C2-11 requires jumping through some hoops on the part of the market maker. But if one market maker has already gone through the process of filing a 15C2-11 then 30 days later other market makers, without doing any work themselves, can "piggyback" on the original MM's quote.

Effectively though, it probably means it'll be at least 30 days before things get rolling around here.

And, no, I'm not expert on SEC rules, I just stayed at a Holiday Inn Express last night. LOL

http://www.securitiesce.com/web/pages/series24/files/series24sample.pdf