Monday, March 07, 2011 12:19:20 PM
And Knight does have to pay for them of course.... I believe the average is .0004 per share loaned, so you see it's a win to keep penny stocks down if you are a MM or Scottrade ~ IMO
BACKGROUND
Rodger O. Riney founded Scottrade, Inc. in 1980 and serves as its President and Chief Executive Officer. Mr. Riney serves as Chief Executive Officer and President of Scottrade Center. In 1969, Mr. Riney joined Edward Jones & Co., a brokerage firm, and served as a it's General Partner since 1975. As an expert in financial technology, he led corporate strategy and operations for Scottrade, Inc. since its inception, including Scottrade's entry into Web-based trading and ...
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CORPORATE HEADQUARTERS
12800 Corporate Hill Drive
Saint Louis, Missouri 63131-0759
United States
Phone: 314-965-1555
Fax: 314-543-6222
BOARD MEMBERS MEMBERSHIPS
Former Director, Member of Compensation Committee and Member of Nominating & Corporate Governance Committee
Knight Capital Group Inc.
http://investing.businessweek.com/research/stocks/private/person.asp?personId=780346&privcapId=4279857&previousCapId=4279857&previousTitle=Scottrade,%20Inc.
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