More shocking yet (and I can send the back-up data on this) is that on an average day, 72% of the FTD’s are in stocks that are on the Reg SHO list. Some protection.
LOLOLOLOLISSIMO!! That's WHY they're on the SHO list. DUH!!
In summary, DTC is a monopoly engaged in predatory, anti-competitive conduct with respect to its direct competitors. The effects of this anti-competitive behavior are far-reaching as to price and mandated services; and it will result in scores of small transfer agent competitors being forcibly evicted from the marketplace. Finally, in filing these proposed Rules, DTC is usurping the SECrs exclusive jurisdiction to regulate transfer agents.
Hmmm Now who do I believe..The DTCC or Susan????..
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