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News Focus
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loanranger

12/10/10 5:39 PM

#90783 RE: Blinton #90735

"FINRA is a privately held SRO that has nothing to gain by assisting honest, concerned EIGH shareholders."

A naked short position, which seems to be a concern of some in spite of a total lack of supporting evidence, could not be established except through the brokerage system, which is regulated by FINRA. Hence, it's their area of responsibility. FINRA's creation had to be approved by the SEC, if that gives you any comfort, and its job is defined by a set of rules. If it were to act arbitrarily it would be sued.


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ctrumabll

12/10/10 6:10 PM

#90788 RE: Blinton #90735

Yesterday, your conspiracy theory was that the SEC was in bed with "the evil naked short sellers." Today, you want the SEC to save you from FINRA, who is in bed with "the evil naked short sellers."

You really need to pick a single conspiracy theory and stick with it. Who are the "evil naked short sellers" using to dupe the noble Monkster and his crew of merry men?