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janice shell

08/26/06 4:16 AM

#27275 RE: Melchizedek #27272

Bad storm here. Power just came back after a four hour blackout. I just hate to have kept you waiting:

Unsolicited Quote
An unsolicited quote is one which represents an "Unsolicited Customer Order". Publishing unsolicited quotes allows a broker/dealer to meet an exception to Rule 15c2-11, which requires a broker to have in its possession current information, including financial information, about the issuer of the securities . To avail itself of this exception to SEC Rule 15c2-11, an NASD member firm must ensure that the quotation published or submitted: (1) is solely on behalf of a customer; (2) represents the customer's indication of interest; and (3) does not involve the solicitation of the customer's interest.


http://www.pinksheets.com/glossary.jsp#unsolicited

a. As a means reasonably designed to prevent fraudulent, deceptive, or manipulative acts or practices, it shall be unlawful for a broker or dealer to publish any quotation for a security or, directly or indirectly, to submit any such quotation for publication, in any quotation medium (as defined in this section) unless such broker or dealer has in its records the documents and information required by this paragraph (for purposes of this section, "paragraph (a) information"), and, based upon a review of the paragraph (a) information together with any other documents and information required by paragraph (b) of this section, has a reasonable basis under the circumstances for believing that the paragraph (a) information is accurate in all material respects, and that the sources of the paragraph (a) information are reliable.

http://www.law.uc.edu/CCL/34ActRls/rule15c2-11.html

You might find this of interest as well. It's quite long, so I won't try to paste it here:

http://www.owen.vanderbilt.edu/vanderbilt/data/research/1650full.pdf

Okay with you if I turn off the lights and go to sleep now?
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lucky, mydog

08/26/06 11:12 AM

#27288 RE: Melchizedek #27272

o.k., she gave you the (mythical lol) rule. are you going to admit you were wrong, or just leave your pumping mis-information out there in the hope that it will fool some other sucker?