InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,509.01
(
0.62%
)
US TECH 100
19,482.80
(
0.02%
)
Dow Jones
39,331.85
(
0.00%
)
Brent Oil
86.10
(
-0.40%
)
Bitcoin
60,192.34
(
-2.96%
)
Post# of 432701
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

hock1

Send PM Follow Ignore
Followers 17
Posts 1527
Boards Moderated 0
Alias Born 05/19/2004

hock1

Re: None

Tuesday, 10/25/2011 6:47:59 PM

Tuesday, October 25, 2011 6:47:59 PM

Post# of 432701
http://www.marketwatch.com/story/finra-fines-ubs-securities-12-million-for-regulation-sho-violations-and-supervisory-failures-2011-10-25

I have posted similar links to the one above with virtually no response. Does anybody here get it???

Let me spell it out: UBS was fined $12M for allowing MILLIONS of orders (i.e., BILLIONS of shares) to be either mismarked (long instead of short) or sold short without any reasonable expectation of being located and delivered. So, follow me on this, there are billions of shares (just from UBS) that are in the system. Billions of shares that people (you and I) thought that we bought. We produced the $$ but the ACTUAL shares were never delivered. This is getting very frustrating. DOES ANYONE UNDERSTAND?
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent IDCC News
More IDCC News
InvestorsHub NewsWire

FEATURED BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • Jul 2, 2024 7:19 AM

EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM

NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM

Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM

VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM

North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM

Start posting your company's news
Only $200 per official company press release!