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15for2

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15for2

Re: ThSeeker post# 100013

Monday, 08/08/2011 9:19:36 AM

Monday, August 08, 2011 9:19:36 AM

Post# of 118239
this is mandatory,
not voluntary.
Ever since Finra Rule 4320 came into effect and the Obligation Warehouse was established at the DTCC in June, now all brokers/mm's/clearing firms have to clean up their fails.
DTCC is giving them 5 days, if you have an ftd on any of these companies in the DTCC bulletin, you have to cover, no matter what.
Nobody is exempt, nor can they ignore it.
In RCCH's case, it ought to be a fun ride up while the scramble for shares happens.
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