SPAH Short Squeeze. Date Reg SHO Threshold Flag
Post# of 853
Posted On: 02/26/2012 3:22:26 PM
SPAH Short Squeeze.
Date Reg SHO Threshold Flag Rule4320 Flag
Feb 23, 2012 Yes No
Reg SHO and Rule 4320 threshold lists notes if there have been 'excessive' fail to delivers for the respective security.
http://www.otcmarkets.com/stock/SPAH/short-sales
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.
http://finra.complinet.com/en/display/display...nt_id=9398
Yes!
(0)
(0)Scroll down for more posts ▼