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SevenTenEleven

02/17/13 9:09 AM

#13182 RE: fourkids_9pets #13181

When the rules and regulations are written and used to aid and abet, it is hard for the retail investor to have a fair playing field.

If market makers and broker-dealers could short any OTC, then retail should be allowed to do the same, without restrictions and unrealistic margin requirements.

One of the rules and regulations I believe they need to put in place is a par value rule. If a stock has a par value of $0.0001 or $0.001, then the minimum the stock should be bid is the par value.

The nonsense that market makers sell when no one else is selling and buy when no one else is buying is just that, NONSENSE. The short into buying demand, and cover their shorts when they have successfully collapsed the buying support. It isn't as if they buy first then sell later.

Put a par value rule in place, and any market maker responsible for depositing electronic markers in retail accounts would be forced to establish an unlimited bid, collectively, or equal to the electronic markers they have on deposit at the retail brokers, at the par value.

Add to that allowing retail to short any security at any price, and the playing field would be made more level.