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PRmaniac

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PRmaniac

Re: gmjones99 post# 32968

Friday, 02/04/2011 2:32:19 PM

Friday, February 04, 2011 2:32:19 PM

Post# of 41474
Yes DTCC has placed restrictions on clearing, and large brokerages like Scottrade and Etrade will not allow buys or sells of the stock.

Some firms do self-clearing, so that is probably the only trading occurring. Also, MM's may also just trade back-forth to make it look like there is volume, or to try to provide a little liquidity.
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