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Re: cici post# 2550

Tuesday, 03/22/2011 4:06:38 PM

Tuesday, March 22, 2011 4:06:38 PM

Post# of 20257
Read the relevant document in the Cutler case:

http://www.finra.org/web/groups/industry/@ip/@enf/@ad/documents/industry/p123365.pdf

Cutler Securities is a one-man outfit. Or rather, was a one-man outfit. Glenn Cutler seems to have broken pretty much every rule in the books. He even got whacked with a $25 million margin call.

But he appears not to have been interested in shorting penny stocks.

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