you couldn't short pinks with penson/apex anyway. Brokers that did allow pink shorting were mostly foreign and used different clearing firms so that won't have any affect on shorts.
Only thing these new rules are doing is restricting all trading in pinks which already killed most of the volume. People that are holding pink positions are having their accounts closed and many can't find brokers that'll take transfers. This is destroying many penny traders. Beyond messed up, they are doing this to "clean" up pink sheet markets from fraud but instead of punishing crooks they are punishing investors.
"great move" ?? are you kidding? we are in the business of DAY TRADING. Read what the title of this board is. Why the hell would you want ANY rule that HINDERS daytrading??? Why would you want to reduce liquidity?
I guess you like to trade mutual funds where you are up 5% A YEAR. You should join the Mutual Fund's Station board
News 
Market Data 
Discover 
AI
