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Re: REAZO post# 40729

Friday, 10/17/2008 9:54:12 AM

Friday, October 17, 2008 9:54:12 AM

Post# of 51429
Agree REAZO, the new SEC rule creates more tightning around the "failure to deliver" but, if this NSS tactic is being used with HMGP trading it can also cause the practice of this to diminish if certain eyes are brought in to make sure that the trading process and procedures are followed and correct.

IMO the first place to start is to canvas/blanket the SEC with complaint issues back up and supported by on going trading activity, action and patterns of actual Hemi trades. As I indicated I have already provided some very specific trades that I completed in Hemi recently that appear unusual execution and have forwarded this documentation on to the SEC

If enough documented HMGP trading pattern issues are sent to a specific point person at the SEC (see Hemi post #40728), then if this improper trading practice is ongoing, it will get elevated onto that SEC person's radar screen.

Rather than complain on a board, IMO it is affirmative action in numbers, regarding the current trading activity of HMGP, brought to the attention of the SEC that will lead to a clearer picture whether this trading pattern is seen as a legit trading pattern and following the NEW proper rules or someone gets caught with their hand in the cookie jar.

Kels

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