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To: RockyBalboa who wrote (15098)10/28/2000 8:01:08 PM
From: Richard James  Read Replies (2) | Respond to of 16892
 
Dear Mr. Infostream. Read rmj2's posts in context and you will see we are not talking about breaking trades, but establishing damages for the failure to execute orders and instructions. The issue being how do we measure the amount of an investor's loss, when the broker fails to execute instruction's to liquidate an asset.

If the asset has not declined in value, what is the measure of damages? If the investor proves to a substantial certainty that they loss a set amount of money due to the admitted unexcused failure of the broker to follow instructions, why should the broker not be responsible for the investor's loss?