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mass_equity

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mass_equity

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Monday, 02/16/2004 3:50:56 PM

Monday, February 16, 2004 3:50:56 PM

Post# of 396422
Seems NITE doesn't like the new short rules lol...
23 The Commission's proposal would also create an opportunity for prospective sellers to "squeeze" the market maker, by offering the stock at artificially high prices that the market maker has little choice but to accept due to regulatory time constraints. Apart from this concern, forcing market makers to cover short positions is such a short timeframe will result in greater price volatility as they seek to acquire shares of stocks often characterized by thin markets.



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