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Non-Tech : The BBX is coming, time to get educated! -- Ignore unavailable to you. Want to Upgrade?

To: GARY P GROBBEL who wrote (3)	5/6/2002 12:59:15 PM
From: Joe Copia	Read Replies (1) \| Respond to of 14

Gary, no Did you read this part: The first rule is "market makers will be required to maintain continuous, two-sided markets, with quotes that are reasonably related to the market and that generally do not lock or cross the market." Excellent idea, in most cases this will prove to be a benefit for investors and traders. The second rule is "BBX market makers will be required to report their short interest on a monthly basis, as market makers in Nasdaq National Market ® (NNM®) and SmallCap stocks do today." This is interesting and transparency is always good although many hearts will be broken when investors realize their gem of a stock was not shorted 20 times the float after all. The final market rule states "the BBX proposes to adopt the same trade halt rule that currently applies to NNM and SmallCap issues. This provides BBX with broader authority consistent with its new relationship with BBX issuers."