Absolutely not
Now IS the time to start worrying about definitions.
The SEC itself says on it's website that EXCHANGES have
the authority to halt trading. Is the DTCC an exchange?
No! Does the DTCC therefore have the authority to halt
trading? No! Is the stock therefore halted? No!
In times like these definitions become more important
than ever. When everything is peachy, who cares exactly
how things work, but this is a learning moment for a TON
of people. When you pay close attention to the definitions
here and dig into EVERYTHING YOU CAN, that's where you'll
learn and where you start packing more baggage than any
'real investor' ever can. Everybody who LEARNS now
and doesn't stick their heads in the sand or sulks like
a baby, or listens to liars like Nikki comes out a
better trader than most will ever be.
Besides that, we don't have the PPS to chat about now
anyway :)
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