SPAH Reg SHO Rule 4320 Status Date Reg S
Post# of 8469
Posted On: 02/24/2012 7:51:01 PM
SPAH Reg SHO & Rule 4320 Status
| Date | Reg SHO Threshold Flag | Rule4320 Flag |
|---|---|---|
| Feb 23, 2012 | Yes |
4320. Short Sale Delivery Requirements
(a) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a non-reporting threshold security for 13 consecutive settlement days, the participant shall immediately thereafter close out the fail to deliver position by purchasing securities of like kind and quantity.
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