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alansnowcross2

01/27/11 12:30 AM

#127690 RE: Jackroch #127678

Did you notice the: Significant Failures to Deliver YES Rule 4320


FINRA Rule 4320 defines threshold securities as any equity security of an issuer that is not an SEC reporting security and, for five consecutive settlement days, has:

aggregate fails to deliver at a registered clearing agency of 10,000 shares or more; AND
a reported last sale during normal market hours (9:30 a.m. to 4 p.m., ET) for the security on that settlement day that would value the aggregate fail to deliver position at $50,000 or more.