Keep these public statements in mind for future re
Post# of 11038
Quote:
“We’re encouraging our customers to prepare sooner rather than later,” said Lori-Ann Trezza, DTCC vice president, Product Development, “since the industry is still unsure as to when it will need to start tracking purchase and sales activity for millions of investors, as well as pricing and corporate actions that affect their customers’ positions. We’re advising the industry not to wait so it will be ready to meet the new reporting requirements.”
Quote:
“Tracking a single position manually can be difficult and time consuming. Tracking multiple positions can be positively daunting,” Trezza added.
Read More: https://investorshangout.com/post/view?id=459...z4mm7FfP58
Liability? Property?
$CRGP
Calissio Resources Group, Inc. (CRGP) Stock Research Links
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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/