lance, just because there would be huge, punitive effects if a buy-in were to be mandated is not a reason it cannot happen.
Ralph Lambiase and this 11 State task force are ready to bankrupt all the companies it takes to get full compliance on Wall Street with SHO, fail-to-delivers/NSS, etc. He's not saying "oh, we can't enforce the SHO regulations' because it might bankrupt Morgan Stanley and Bear Stearns and Etrade, etc, etc" - he will bring them down if they dont start complying. And that includes the ridiculous DTCC, which is basically a national transfer agent owned and operated by the BROKERS' INTERESTS. Fox/henhouse stuff.
this idea that it "can't" happen because it could get too costly is ridiculous. There are new forces at work, including Ralph Lambiase, and they are not going to leave these financial sacred cows alone anymore.
I am sick of these corrupt pig institutions.