Replies to post #142 on Moody/DeNunzio Custodian Shells

[Mustang12]

No warrants, no liability. I would think that this ruling would not impact the custodial RMs. I think it may raise interest in them at first, but I think the SEC/big money will eventually find a way to go after them. IPOs are big business and big banks don't like not getting their money...