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Re: Farmboynate post# 760

Monday, 12/26/2011 6:06:02 PM

Monday, December 26, 2011 6:06:02 PM

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This has nothing to do with microcap regulation based on what I can tell, just naked shorting. Nor, does it involve FINRA or the SEC regulation of microcaps. This is basically the same thing that you can read on Wikipedia: http://en.wikipedia.org/wiki/Depository_Trust_%26_Clearing_Corporation#Controversy_over_naked_short_selling

Is my reading of this incorrect? If so, you're going to have to connect the dots for me between accusations of naked short selling (and every single time the DTCC has been sued over this, the case has been tossed out) and regulation of unregistered securities.

I instead refer you to this to back up my understanding of the changes going on in microcap regulation: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68474297

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