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  4. Calissio Resources Group, Inc. (CRGP) Message Board

onehundredmph Re: 1manband post# 53225 Thurs

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Post# of 11040
(Total Views: 388)
Posted On: 12/01/2022 9:22:01 PM
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Posted By: 100MPH
onehundredmph

Re: 1manband post# 53225

Thursday, December 01, 2022 9:13:19 PM

Post#
53226
of 53226
"Broker firm bought them" = Institutional control!

a brokerage firm bought them from a client



Insert any reason for justification to sell shares. That part is always questionable because the important part ("brokerage firm bought them" is never disclosed appropriately until the owner of the shares has settlement in their account. Before May 16th 2016, U.S. federal securities laws used to protect Broker custodial "unsettled" transactions where they could hide in the financial system indefinitely by way of market makers' functionality in which they provide liquidity between its participants. But now Institutional controls can not hide "unsettled" transactions with the excuse of providing liquidity to market participants. That doesn't mean a broker can not sell to another broker. The liability of custodial property belongs to your broker at the end of the day! That's why the SEC and FINRA call it a "Failure to Deliver". The transaction is unsettled and the brokers can trade CRGP stock among each other until a participant, an emergency order of the court, a significant market event, or "corporate action" forces settlement in the transaction.

https://investorshub.advfn.com/boards/read_ms...=170588658

$13
$CRGP


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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."


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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/





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