InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,469.30
(
0.39%
)
US TECH 100
19,175.20
(
0.00%
)
Dow Jones
39,112.16
(
-0.76%
)
Brent Oil
84.65
(
0.55%
)
Bitcoin
61,573.18
(
-0.38%
)
Post# of 9101
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

popmenke

Send PM Follow Ignore
Followers 2
Posts 260
Boards Moderated 0
Alias Born 04/20/2006

popmenke

Re: None

Thursday, 10/11/2007 1:41:53 PM

Thursday, October 11, 2007 1:41:53 PM

Post# of 9101
SEC's Short Sale Delivery Requirements - the Regulatory Notice
It is a PDF document and can be found at:

http://www.finra.org/web/groups/rules_regs/documents/notice_to_members/p037023.pdf

It's hard to boil it down to far but essentially it eliminates grandfathering(read the article) and gives specific time periods for settlements of "fail to deliver." This could be the nightmare MLK is talking about. Maybe it will cause TKO to rise to $2.60 by the end of October as I predicted earlier. SEC will need to grow a backbone however, and start pursuing the firms that are naked shorting. Time will tell!

Good investing!


-Pops-

You are rich when you are satisfied with what you have.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up