Game Over - Finally Mr. Cox wakes up!!
Posted on September 17th, 2008 by MoverMike
Game Over - Finally Mr. Cox wakes up!!
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Finally, now will the SEC force settlement on the millions of shares involved in “fails to deliver”?
See, the problem is, we’ve had Reg SHO on the books for some time. The SEC was just not enforcing their rules and allowed all sorts of violations to occur. If you want to see the extent of the problem, take a look at The Street.com list of “threshold securities”, identified as stocks having unusually high delivery failures after five consecutive days.
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