I think the intention of the rule is great. Lets s
Post# of 11038
"This would significantly limit the ability of wholesale market makers to execute against such orders over the counter (OTC), which is the norm today. According to the SEC, Proposed Rule 615 is designed to benefit individual investors by promoting competition and transparency as well as enhancing the opportunity for their orders to receive more favorable prices than they receive in the current market structure."
https://www.sidley.com/en/insights/newsupdate...tor-orders
$13
$CRGP
Calissio Resources Group, Inc. (CRGP) Stock Research Links
"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/