(Total Views: 251)
Posted On: 09/07/2021 10:45:25 AM
Post# of 11040
Very very very important post. Think "Property"
seps0036 Tuesday, 09/07/21 10:28:43 AM
Re: Lowhndcpr post# 51541 0
Post #
51542
of 51542
Brokers are hoping their clients just dump all their shares because those shares are held in "street name registration"...meaning the share certificates had the brokers name on them the whole time, but their clients are legally identified as beneficial owners. If those clients dump the shares, the broker now possesses certificates with their name on them AND no obligation to deliver cash to anyone. The brokers have the most to gain and lose with these new OTC rules...so they rig the game to offset any possible losses.
https://investorshub.advfn.com/boards/read_ms...=165800390
$13
$CRGP
seps0036 Tuesday, 09/07/21 10:28:43 AM
Re: Lowhndcpr post# 51541 0
Post #
51542
of 51542
Brokers are hoping their clients just dump all their shares because those shares are held in "street name registration"...meaning the share certificates had the brokers name on them the whole time, but their clients are legally identified as beneficial owners. If those clients dump the shares, the broker now possesses certificates with their name on them AND no obligation to deliver cash to anyone. The brokers have the most to gain and lose with these new OTC rules...so they rig the game to offset any possible losses.
https://investorshub.advfn.com/boards/read_ms...=165800390
$13
$CRGP
(2)
(0)
U.S. Constitution
"The Preamble
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."
Oath
"I solemnly swear to support and defend the Constitution of the United States of America"
The Flag
"I pledge allegiance to the flag of the United States of America, and to the republic for which it stands, one nation under God, indivisible, with liberty and justice for all."
"The Preamble
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."
Oath
"I solemnly swear to support and defend the Constitution of the United States of America"
The Flag
"I pledge allegiance to the flag of the United States of America, and to the republic for which it stands, one nation under God, indivisible, with liberty and justice for all."
Quote:
If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/
