Replies to post #122636 on Bancorp International Group Inc (fka BCIT)

[kruy]

Ummm...those charges span back several years and they were not the TA...Legacy was Megas's market maker.

Have a good day.

[janice shell]

As usual you conveniently leave out they where TA for Megas long before this happened!!!

They weren't TA, they were the market makers who submitted the Form 211 for Megas. At the time, many of us pointed out that Uselton was a very poor choice.

Guess we were right. Makes ya wonder:

In its decision, the hearing panel found that Legacy and Uselton committed "egregious" violations of the short selling rules in connection with more than 2,000 transactions in 2004 and 2005.

http://www.finra.org/Newsroom/NewsReleases/2009/P119725