Replies to post #7816 on Cache Inc (CACH)

[VeronicaFox]

I’m with you, I’d love to see the proposal made into a final rule.

This proposed rule will diminish the need for SEC Suspensions where the SEC has to spend time to find delinquent SEC Registered stocks. It is to place all responsibility on Brokers and Market Makers to ensure ALL information and disclosures are current. If they aren’t current , they remove their quotation services and it goes to the Grey Market.

Sounds like a win/win to me, I don’t know why any trader would oppose it.

About time. I like these new rules. Will be a lot harder for the scammers to scam people.