YO BOARD MEMBERS READ THIS.
When will the Threshold Security List be available?
Reg SHO defines “threshold security” as one that exceeds a level of “fails to deliver” for five consecutive settlement days. Since the new rule takes effect on January 3, 2005, the first date that a security can meet this definition will be five settlement days after the effective date, or after the close of trading on January 7, 2005.
the first Threshold Security List will be published before midnight on January 7, 2005.
NASDAQ will publish a new Threshold Security List on each subsequent settlement day prior to midnight, Eastern Time. If the List is posted on the NASDAQ Trader website late (i.e., after midnight), firms may use the previous settlement day’s List to comply with Reg SHO. However, firms are still obligated to analyze the current day’s data when it becomes available to determine compliance with Reg SHO’s close-out requirement. NASDAQ's Threshold Security List will contain information for NASDAQ Issues (NNM and SmallCap), OTCBB Issues and other OTC Issues.
So It's the first list there are comming more. We must sit and wait again.
For get my English I'm Hollands
