Another Fabulous post from HotterMama! As always Well done!
Longs are very excited for the Big Day tomorrow. From the looks of markets today there is massive volume to be cleaned up for tomorrow. WELLL for some who do not want to get into trouble that is.
1] On October 22, 2020, Commission staff issued a no-action letter regarding the broker-dealer customer protection rule, Exchange Act Rule 15c3-3, in relation to certain fully-paid lending programs operated by some broker-dealers.[2] Rule 15c3-3(b)(3) requires broker-dealers entering into agreements with their customers who lend the broker-dealers fully-paid or excess margin securities to provide the securities lenders with collateral that fully secures the loans.[3] Staff’s letter stated that the staff would not recommend enforcement action to the Commission regarding these programs for six months from issuance of the letter, or until April 22, 2021, to give firms time to come into compliance with the Rule.[4]
OPTI making a very nice GREEN run pushing up to 12%. Good for Longs!!!
Always good to see OPTI Longs getting treated well by GREEN for supporting a company..... OPTI.....that Works to help Save Lives !!!
Go OPTI !!!
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