(Total Views: 390)
Posted On: 08/13/2023 8:29:24 PM
Post# of 11040
Well I guess I struck a nerve.
What if Congress took away this loophole (market maker exemption) in settling a trade? Finra's memebers wouldnt be able to get away with Naked Short Selling anymore!
I believe Citadel and Virtu would be out of business in days!
Ohh, I wasnt part of MMAT in any capacity so nice try lol
Finra and its brokers/non registered brokers got caught in the theft of time in settlement of trades and that is a crime!
The U3 halt huh...lol.
Tic tok
#Tplus13isDeflection!
$CRGP
https://investorshub.advfn.com/boards/read_ms...=172586005
_________________________________
janice shell
Member Level
Re: onehundredmph post# 53734
Sunday, August 13, 2023 7:34:19 PM
Post#
53735
of 53738
That is utter bullshit. The MMTLP stock was cancelled on the Tuesday morning. It has not existed since then, and cannot be revived. Management announced all that in advance.
I can understand that players are not happy with their non-tradable Next Bridge shares. Buy management announced well in advance that it WOULD be non-tradable. Neither FINRA nor the SEC forced management of MMAT and TRCH to cut a deal that would be so disadvantageous to shareholders.
Perhaps you should lay that a the door of MMAT, and the two individuals who received Wells notices.
https://investorshub.advfn.com/boards/read_ms...=172585809
What if Congress took away this loophole (market maker exemption) in settling a trade? Finra's memebers wouldnt be able to get away with Naked Short Selling anymore!
I believe Citadel and Virtu would be out of business in days!
Ohh, I wasnt part of MMAT in any capacity so nice try lol
Finra and its brokers/non registered brokers got caught in the theft of time in settlement of trades and that is a crime!
The U3 halt huh...lol.
Tic tok
#Tplus13isDeflection!
$CRGP
https://investorshub.advfn.com/boards/read_ms...=172586005
_________________________________
janice shell
Member Level
Re: onehundredmph post# 53734
Sunday, August 13, 2023 7:34:19 PM
Post#
53735
of 53738
That is utter bullshit. The MMTLP stock was cancelled on the Tuesday morning. It has not existed since then, and cannot be revived. Management announced all that in advance.
I can understand that players are not happy with their non-tradable Next Bridge shares. Buy management announced well in advance that it WOULD be non-tradable. Neither FINRA nor the SEC forced management of MMAT and TRCH to cut a deal that would be so disadvantageous to shareholders.
Perhaps you should lay that a the door of MMAT, and the two individuals who received Wells notices.
https://investorshub.advfn.com/boards/read_ms...=172585809
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"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/
