(Total Views: 111)
Posted On: 12/20/2017 6:03:43 PM
Post# of 72446
I see. Where does it say that OTC stocks are not on the Regulation SHO list? I checked the OTC Threshold list by FINRA,
“Pursuant to Rule 203(b)(3) of Regulation SHO and FINRA Rule 4320, a participant of a registered clearing agency (i.e., a clearing firm), that has a fail to deliver position at a registered clearing agency (i.e., National Securities Clearing Corporation) in a Threshold Security for 13 consecutive settlement days must immediately close out that fail to deliver position by purchasing shares of like kind and quantity. (Please click the below Information icon for more details about the Threshold Security).”
http://otce.finra.org/RegSHO
IPIX is not on the list, which means no failure-to-deliver positions for more than 13 days. But it does show IPIX is under Regulation SHO.
“Pursuant to Rule 203(b)(3) of Regulation SHO and FINRA Rule 4320, a participant of a registered clearing agency (i.e., a clearing firm), that has a fail to deliver position at a registered clearing agency (i.e., National Securities Clearing Corporation) in a Threshold Security for 13 consecutive settlement days must immediately close out that fail to deliver position by purchasing shares of like kind and quantity. (Please click the below Information icon for more details about the Threshold Security).”
http://otce.finra.org/RegSHO
IPIX is not on the list, which means no failure-to-deliver positions for more than 13 days. But it does show IPIX is under Regulation SHO.
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