I see these as the possibilites:
- Allow this to continue playing out. Sellers would still owe due bills to buyers. They could either settle up by offering cash, purchase stock through the company, or use the company to totally bail them out.
- Reverse all trades up through 17 May.
- Reverse the f/s only. Sellers would have to cover resulting short.
- Allow this to continue playing out until they can figure out what to do. SEC only has authority to suspend for two weeks which still may not be enough time for decision makers.
- File an emergency court order to stop trading.
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"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett