Replies to post #185551 on Fortress Financial Group fka FFGO

[OldBen]

Is there any history of a deal or settlement involving NSS before? Covering the shorts seem to be the more appropriate thing to do. A deal or settlement could be a discount to the NSS holder. How to distribute any settlement would be another story. How do you have no question that the regulators are fully aware of the situation?

[SevenTenEleven]

FFGO - AlanC, today's settlement announcement regarding UBS shorting and not reporting is very encouraging for shareholders of stocks such as FFGO. UBS is only 1 of 4500 brokers that FINRA regulates. They are also, likely, one of the shorter, I mean smaller, violators of the rules and regulations.

It will be very interesting to see the day come when those that have naked shorted stocks such as FFGO are forced to cover at the market.

Looking forward to the record date and the dividend payout in CASH!

Tic Toc