Replies to post #12541 on ZNext Mining Corporation, Inc (ZNXT)

[serfdom]

"Until a security appears on a non-SEC reporting threshold list for 13 consecutive settlement days and an open fail position for such security exists for that same period, Rule 3210 does not require a broker-dealer to close out the open fail position."


That's the close-out rule. Not the requirement to appear on the list itself.

[SPIN]

nukuhiva - that is for issues already on the list!

"Until a security appears on a non-SEC reporting threshold list for 13 consecutive settlement days and an open fail position for such security exists for that same period, Rule 3210 does not require a broker-dealer to close out the open fail position."