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Strategies & Market Trends : Option Spreads, Credit my Debit

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To: Dan Duchardt who wrote (1830)12/2/2000 8:35:18 PM
From: jjs_ynot  Read Replies (2) of 2317
 
Dan,

>>> What happens to the liability issue of standing behind the published quotes? Doesn't the SEC expect the exchanges to regulate themselves in regard to firm pricing? <<<

I have watched the Market Makers move the bid/ask against me when my order hits the floor with surprising regularity (probably once a day). I can watch my sells at the bid not become the ask and no trade gets executed.

The SEC seems not to notice or care.

Regards,

Dave
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