Replies to post #127333 on JB and ZJMY Holding Co (JBZY)

[jpmu]

If meaningless why does FINRA post the report?

Pursuant to Rule 203(b)(3) of Regulation SHO and FINRA Rule 4320, a participant of a registered clearing agency (i.e., a clearing firm), that has a fail to deliver position at a registered clearing agency (i.e., National Securities Clearing Corporation) in a Threshold Security for 13 consecutive settlement days must immediately close out that fail to deliver position by purchasing shares of like kind and quantity.

[DreamGreen]

Except we're on the reg sho now so it's not so meaningless now is it