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Re: mretgnol post# 122352

Monday, 08/31/2009 10:55:07 AM

Monday, August 31, 2009 10:55:07 AM

Post# of 159753
a trading halt is not the same as a suspension
LMAOOOOOOOOOOO. Ok, you are correct in the sense that a company can halt their trades pending news


actually? i am correct in the LEGAL sense.

you should not go around half cocked. there is a legal difference between a halt, which can be regulatory or non-regualtory, and a suspension, neither of two types of halts are the same as a suspension.

now the real question that you seem to be unable to clarify in your mind or anybody elses here is whether it's worthwhile to become regulatorily compliant with the SEC when the DTCC refuses to clear trades.

the DTCC has several hundred million hsares of stocks in it's books that NOBODY seems to be able to account for.




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