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I Don't Sell Homes

10/05/07 9:38 AM

#90701 RE: Bulldog1811 #90700

I doubt much will change, this is pinky land and highly unregulated.
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issar0

10/05/07 10:06 AM

#90702 RE: Bulldog1811 #90700

I believe it is another weapon for PNMS to use as they drive this back once the PDR process is functioning... It will only help pin these crooks against the wall...
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Distracted Scientist

10/07/07 6:06 PM

#90846 RE: Bulldog1811 #90700

IMO, it won't have much of an effect (even if there was rampant, grandfathered naked short selling), because it is only a modification of the grandfather clause for Reg SHO, which doesn't cover non-reporting threshold securities. The NASD would have to follow suit and update the grandfather clause for Rule 3210 for it to have any effect on the majority of PinkSheets.