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Alias Born 08/14/2007

Re: None

Wednesday, 08/22/2007 9:20:30 AM

Wednesday, August 22, 2007 9:20:30 AM

Post# of 56764
Nonsense, rolo. The elimination of the "grandather" clause effects ONLY those FTD's that occur prior to the .5% SHO threshold being reached. It will be an inconvenience for options MM's, and further distort put/call parity, and it will reduce liquidity in pump and dump penny scams, but that's about it.

Contrary to your mythology, there is no huge pool of FTD's lingering from the 05 implementation of SHO. If you bothered to actually look at data instead of regurgitating message board myths, then you would know that.