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Post# of 358440
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janice shell

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janice shell

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Re: Good-Til-Cancelled post# 41642

Tuesday, 06/29/2004 8:45:39 PM

Tuesday, June 29, 2004 8:45:39 PM

Post# of 358440
No he doesn't. He only has to deliver the stock to the buyer. Certs don't come into it.

The MM who's short has to cover with a real share, cert in hand.

As I'm sure you know, the SEC wants to eliminate certs entirely.
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