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Ignutz

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Ignutz

Re: Euthydemus post# 130073

Monday, 01/03/2005 5:41:49 PM

Monday, January 03, 2005 5:41:49 PM

Post# of 358440
Euthydemus, this is the part I like reading:


"...Under Regulation SHO, Market makers, including specialists and options market makers, are not exempt from the close-out provisions. Nor are they exempt from the prior-borrowing requirement for additional short sales by those with extended fails in threshold securities. Short sales by hedgers and arbitrageurs are not exempt..."



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