Wall St. is rading your 401(k)s suckers.
this is a retarded statement imo, but if you really think so, then it’s your lucky day- no more mkt maker exemption and rule’s down to T+3 not T+10 http://www.sec.gov/news/press/2008/2008-204.htm
It not in effect yet…this is pure naked shorting. Wall St. is run by the mob.
What Louisville did you graduate from? At first I thought it was University of, but based upon your posts it now appears a more likely answer is Louisville Elementary.
The mob comment is a little off, we wear nicer suits than the Mob. Cox is a little late on this one. Why they didn’t enforce this a long time ago boggles the mind. Getting rid of the uptick rule is another one. Their argument was that it didn’t prevent anything…then why lift it?
it was effective immediatly this morning, dude.
Thursday
you are right. the “fraudulent” short selling part went into effect immediatly.