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303auburn

08/09/21 2:03 PM

#50830 RE: highlandernew #50829

Probably why it hit .0001s late last week.
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FullDeck

08/10/21 10:25 AM

#50833 RE: highlandernew #50829

Nice to see SEC cracking down...

Bottom line is it will become difficult, if not impossible, to buy any listed Security like IHSI, and maybe even difficult to liquidate it.

TD and other brokers will usually still liquidate at close to zero for a fee just so you can take the tax loss.

Here's some more info:

https://www.wyrick.com/news-insights/sec-adopts-amendments-to-rule-15c2-11-most-provisions-effective-september-26-2021

See the "practical takeaways" section.