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Rocinante

09/08/19 3:23 PM

#54476 RE: elkonig #54475

What about the "piggyback exception"?
"A "piggyback qualified" security is one that meets the frequency-of-quotation requirement described in SEC Rule 15c2-11(f)(3). ... As long as the security remains piggyback qualified, any participant may quote the security without a Form 211 submission."
In the suspension it mentions LAHO qualified for that.