IMPORTANT!!! Contact information for reporting AABA
I have worked successfully with these FINRA investagators many times and they will listen and take action, but they need to be flooded from requests by the investors. One investor will get their attention. But 20 investors will get them to take immediate action.
EVERYONE WRITE to the two emails in bold below and call Marvin at his direct line listed below.
If we all do this, we will elminate and take out AABA once and for all.
AABA has three violations:
1. Is not on the BID with an equal amount of shares
2. Is not showing the actual amount of shares on the ASK
3. Is likely generating a significant amount of Fails to Deliver.
(see below the letter I just wrote and sent)
Marvin Ellis El
Investigator
Market Regulation
FINRA
9509 Key West Avenue
Rockville, MD 20850
(240) 386-5105
marvin.ellis-el@finra.org
Patricia A. Clem
Assistant Director
Market Regulation
FINRA
9509 Key West Avenue
Rockville, MD 20850
(240) 386-5105
Pat.clem@finra.org
www.finra.org
Dear Pat and Marvin,
In regards to the stock ATRN (ARTINSIC) the market maker AABA of Alpha Trade is in violation of the following:
1. Not showing how many shares they have on the ASK (literally millions of shares hit the ASK and they continue to show only 5000 shares on the ASK and not move even though they are the only market maker on the ASK)
2. They are NEVER on the Bid but ALWAYS on the ASK with a seemingly infinite amount of shares to sell, despite heavy buying volume
3. ATRN has a significant amount of Fails to Deliver and are on the SHO REG list. It is likely AABA is the main producer of these Fails to Deliver.
Please help,
