« WRGO Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Letter To Mary Schapiro Demanding An Explanation For Millions Of Stub Quote Rule Violations

By: capt_nemo in WRGO | Recommend this post (0)
Fri, 12 Aug 11 6:30 AM | 25 view(s)
Boardmark this board | Reality news,,,,,,,,
Msg. 00896 of 18626
Jump:
Jump to board:
Jump to msg. #

Submitted by Tyler Durden on 08/11/2011 - 19:40

Dear Mrs. Schapiro,

We would like to thank the SEC for implementing the Stub Quote Rule in December of 2010. While stub quoting did not cause the Flash Crash of May 6th 2010, it was a contributing factor and we welcome the stub quote ban.

However, after studying four recent trading days, we have a question. Is there any intention of enforcing the stub quote rule? If so, can you please tell us when?

* Tweet!
* Comments: 61
* New Comments:

http://www.zerohedge.com/news/letter-mary-schapiro-demanding-explanation-millions-stub-quote-rule-violations




Avatar

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




» You can also:
« WRGO Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next