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Re: dragon52 post# 28369

Monday, 10/20/2008 11:54:30 AM

Monday, October 20, 2008 11:54:30 AM

Post# of 730562
Regulation SHO mandates that, if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent, and the broker/dealer it clears for, must purchase securities to close out its fail to deliver position.

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