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Good-Til-Cancelled

06/05/06 10:06 PM

#209958 RE: famulus #209925

SEC-10 - I'm way, way ahead of you....

Here's just one paragraph - live with it... clown, basher...

The bill approved by the Legislature fines brokers who accumulate too many unsettled trades in a given company after five trading days. The fines start at $10,000 and can increase to cover the sum total of all unsettled trades.

The fines aren't for fails, GTC. They are for failure to report. Try and keep up.

Not that it matters. The law is moot, as it attempts to usurp Federal authority.


I didn't find anything about failure to report, just your spin... I guess!
Your credibility is going out the window quickly maybe you should
turn pumper... stand up, look to your left and ask panther!

Read the Constitution - the state actually have all the rights in
the world to do this. It will wind up in the Supreme Court but
Utah will win. The other states will then jump on the wagon.
Naked short sales and FTDs are over.... Wall street will have
to dream up another way to screw the average investor. This
one's over.

GTC