Well I guess I struck a nerve. What if Congress took

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100MPH
623
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

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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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