DD Support Board and Research Team

[jbsliverer]

I probably should have made myself more clear and didn't really mean to get into all the technical aspects in that particular post, nor do I consider myself to be an expert, I'm sure there are others that would be better than I to explain some of that.

My focus was merely that it is given by higher up and created by other regulatory entities; they only implement it or use it within their business. But as the whole security market system, it is under guidance by others who actually hold the power. There are many regulatory "powers" that are included within the whole system given to brokers, TA's, etc but still it is restrained by rules made up from higher authorities.

The DTCC may have input into making those rules, as well as the brokers, companies, etc, but still they are just doing normal business practices. I don't believe that they can just bypass congress, the SEC, or whoever and just give themselves "Regulatory Powers". They are only following the structure that is given to them to work with. The point was that they have a financial responsibility in normal business practices to chill a stock for purposes of good business, not so much as any regulatory entity.