InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
58,372.85
(
3.04%
)
Post# of 157003
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

doone

Send PM Follow Ignore
Followers 37
Posts 2871
Boards Moderated 0
Alias Born 11/22/2009

doone

Re: hotmeat post# 129621

Friday, 02/25/2011 4:40:27 PM

Friday, February 25, 2011 4:40:27 PM

Post# of 157003

Thats incorrect!

On July 20, 2010, the SEC approved a FINRA proposed rule change to adopt NASD Rule
3210, with minor changes, as FINRA Rule 4320 in the Consolidated FINRA Rulebook.6
FINRA Rule 4320 applies short sale delivery requirements to equity securities not
otherwise covered by the close-out requirements of Regulation SHO.7 Among other
things, FINRA Rule 4320 requires participants of registered clearing agencies to take
action on failures to deliver that exist for 13 consecutive settlement days in certain
non-reporting securities.


Could be confused with rule 201 passed yesterday regarding short sales (not affecting pinks)
http://www.sec.gov/news/press/2010/2010-26.ht Page 46 in the amendment.
Different than 4320
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