InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
63,562.21
(
1.07%
)
Post# of 159752
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Art2Gecko

Send PM Follow Ignore
Followers 698
Posts 62025
Boards Moderated 9
Alias Born 08/10/2000

Art2Gecko

Member Level

Re: mretgnol post# 120801

Tuesday, 08/04/2009 7:49:25 PM

Tuesday, August 04, 2009 7:49:25 PM

Post# of 159752
Regarding "Suing the DTCC" etc.. I'd be curious as to your take on the legal analysis that Merril Hirsh did for NIPC here:
http://investorprotectioncoalition.org/files/Report_2.pdf

their take is that the DTCC and SRO's are basically immune from civil suits and would seek federal preemption. (page 7)

An amazing statement there is that there is no "private right of action" for an SRO's failure to follow their own rules.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up