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News Focus
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derrickno1

11/09/11 6:23 AM

#160 RE: Yosako #159

Hey, Yosako, you know an awful lot about this... I think that if we put some pressure we can at least be heard. I already sent my complaint to Finra.

They have an online form. I will write to the SEC too. This is too bad to be true. A total outrage.

Something else. I heard that there are some UNchilling times, when the ban is lifted and you can finally sell at a normal commission. Have you heard about that? How often is that?

It´s incredible, really, because even if stocks announce they are going bankrupt, you can buy and sell them for some days. But in the non-DTC case, nothing really clear or real or definitive is happening to the stock. But still, suddenly the DTCC, like you say, decides do consider it non-DTC.

What is 20-day ADV?
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MaxPowerLove$Ihub

01/06/12 6:59 PM

#180 RE: Yosako #159

Yosako, you seems to know so much about the NSCC deposit requirement. Would you care to explain how they determine how much a trader could sell a certain stock? I don't understand the 10% of the 20-day ADV thing...could you give me an example with some numbers? Thanks!

Have a great weekend old friend! =)