These broker-dealer customers.And Ex-clearing is all I need to hear to know what was going on.
jimmy, do you believe Ms. Shine submitted false information on behalf of her clients? Maybe you should contact Ms. Shine and ask her if the letter contained accurate information. You never know, she may just reply.
These Ex-Clearing transactions were monitored to ensure that the sellers promptly delivered the securities and the trades settled on a timely basis. From a settlement basis, the Ex-Clearing trades settled without incident and things went smoothly for a period of several months.
Sincerely,
Cathleen Shine
Deputy General Counsel
IBAFT:The original team was chased away from completing their goals with threats of prosecution, as they engaged in unlawful acts for the purposes of exposing the naked short.