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Oddlot

04/18/18 6:43 AM

#31485 RE: etalors #31483

Do it at your own risk. If I were Sam, and I knew that an actively traded security was not being reported by firms, I would obtain a sample of transactions from the firms and then randomly audit enough of them that the traders were afraid not to properly report. And the penalty for improper reporting starts with extensive audits as far back as you are open. If you lied once, you will probably repeat.

But that is just what an ignorant hick would do to solve the situation. Think of what unlimited govt $$, manpower, and lawyers could do.

Oddlot