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Re: satelliteguy post# 7253

Tuesday, 03/27/2012 12:33:21 PM

Tuesday, March 27, 2012 12:33:21 PM

Post# of 20680
What is special is that when a market maker injects non existent shares to "create liquidity" they are supposed to report this as short exempt volume as far as I know per new RegSHO requirements. But NITE and AUTO don't do this. They just report it as short volume and then never locate the shares or cover them. NITE was recently fined for such activity going back to 2009.

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