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Re: matrix post# 29902

Wednesday, 09/28/2005 2:58:17 PM

Wednesday, September 28, 2005 2:58:17 PM

Post# of 159799
Thanks, Matrix. As always, great digging.

This is the swing trading prohibition. I don't think that this applies here, but I'm not an attorney. My understanding is that the swaps Gramm-Leach-Bliley are talking about are trading vehicles like credit swaps, not transactions between companies. But I am going to have a securities attorney clarify the issue sometime over the next few weeks. I'll report back to you privately unless someone else here is interested.

Once again, thanks for the input. No matter what happens, I'm going to end up knowing more when this is done. I appreciate the education.

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