How many FTD's of SRSR stock was Penson responsibl
Post# of 85
Posted On: 05/20/2014 8:08:50 AM
How many FTD's of SRSR stock was Penson responsible for?
Lots I bet. Patrick Byrne called them crooks years ago and taking the time to reread his comments on http://www.deepcapture.com/ would be time well spent imho. The shorts have been trying to bankrupt SRSR for years and the short is huge imho. Paid posters have been trying to convince those that own shares that management is not honest and doesn't know what they are doing.
I call BS to these criminals and hope they end up being prosecuted.
Go SRSR!!!
Here is one paragraph from yesterday's release that should make you mad as hell!
"In December 2009, Penson’s Compliance Department conducted an NASD Rule 3012 internal audit of the Rule 204T/204 close-out procedures for Buy Ins, which had
been in place at Penson from October 2008 forward. The audit uncovered severe compliance deficiencies – Penson’s compliance personnel sampled 113 CNS failures to
deliver resulting from both long sales and short sales and found that Buy Ins’ procedures
resulted in Rule 204(a) violations for 112 out of the 113 securities sampled (99% failure rate). Delaney understood this NASD Rule 3012 audit had revealed massive and profound failures relating to Buy Ins’s Rule 204T(a)/204(a) procedures that were anomalous during his tenure as CCO. "
Go SRSR!!!
Lots I bet. Patrick Byrne called them crooks years ago and taking the time to reread his comments on http://www.deepcapture.com/ would be time well spent imho. The shorts have been trying to bankrupt SRSR for years and the short is huge imho. Paid posters have been trying to convince those that own shares that management is not honest and doesn't know what they are doing.
I call BS to these criminals and hope they end up being prosecuted.
Go SRSR!!!
Here is one paragraph from yesterday's release that should make you mad as hell!
"In December 2009, Penson’s Compliance Department conducted an NASD Rule 3012 internal audit of the Rule 204T/204 close-out procedures for Buy Ins, which had
been in place at Penson from October 2008 forward. The audit uncovered severe compliance deficiencies – Penson’s compliance personnel sampled 113 CNS failures to
deliver resulting from both long sales and short sales and found that Buy Ins’ procedures
resulted in Rule 204(a) violations for 112 out of the 113 securities sampled (99% failure rate). Delaney understood this NASD Rule 3012 audit had revealed massive and profound failures relating to Buy Ins’s Rule 204T(a)/204(a) procedures that were anomalous during his tenure as CCO. "
Go SRSR!!!
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