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Re: BigBake1 post# 65324

Friday, 08/09/2013 11:47:30 AM

Friday, August 09, 2013 11:47:30 AM

Post# of 121646
There are several types of "late" reports:

1. Those with a time stamp within a minute and a half after closing are just normal 90-second delays.

Rule 6620.1: OTC Market Makers shall, within 90 seconds after execution, transmit through ACT last sale reports of transactions in OTC Equity Securities executed during normal market hours.

In this case, the market maker may have conducted a trade within seconds of closing and delayed reporting it until just after the bell. This delay, which is permitted, is frequently misinterpreted as manipulation.

I like that last sentence the best
MDIN