News Focus
News Focus
icon url

Kliffdog4

08/13/23 1:59 AM

#33184 RE: Aquahoya #33183

What does that have to do with what I said about him and his 3-4 cronies who are here talking same stuff everytime I check in? And it’s 11pm west coast 2am east coast and you replied to my comment in less than 30 seconds. Lol
icon url

Kool Aid Man

08/13/23 4:02 PM

#33190 RE: Aquahoya #33183

Wrong..I posted what FINRA says with links. I'm the first to admit what they say seems contradictory. In one place it says "FINRA does not approve corporate actions" because the burden is on the corporation to make sure what they do is legit. Yet elsewhere if says this--

Q603.1: To what types of transfers does this trade reporting exception apply?

A603.1: Members are not required to report to FINRA for purposes of publication transfers of proprietary positions where the transfer (1) is effected in connection with a merger or direct or indirect acquisition and (2) is not in furtherance of a trading or investment strategy. While such transfers are not reportable for publication purposes, members nonetheless must report them to FINRA for regulatory purposes and for purposes of assessing applicable regulatory transaction fees and/or trading activity fees. See Rules..... https://www.finra.org/filing-reporting/market-transparency-reporting/trade-reporting-faq

That's why I reached out to a trusted expert on the matter. I posted what I was told to wit:

The merger isn't finalized until FINRA approves it

Feel free to scroll thru my posts and show where I "changed my mind" to fit an agenda. Also feel free to prove where any critic or "naysayer" was responsible or the collapse of this merger.