Collusion. Same was done with GVRP. Once the stock was suspended and served 2 weeks it was tradeable. Since the SEC had stated that all future trades would not be protected by the Net Capital rule all brokers simply said "We wont trade this". A huge problem exists. We will just bury it. End of story. Why should a broker who delivered you shares be allowed to tell you you cannot sell the shares at a later time?
If a broker has "bought shares" in the market place for you that broker should be liable for ensuring they delivered valid shares to you. Unless regulators have suspended trading in the stock you should be allowed to place an order to try to sell the stock. PERIOD.
If one or more market makers are trading the stock then the potential should exist for your order to fill.
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