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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: The Vet who wrote (60439)7/21/2008 4:31:39 PM
From: LLCF  Respond to of 78438
 
<
DAK... What you seem to be prepared to admit is that selective enforcement is OK but some (maybe even most) of the participants do follow the rules. >

Someone else said MM's have special dispensation.... that doesn't surprise me, they ALSO GET SPECIAL MARGIN RULES (HOWLS!!!!!!!!!). As a specialist I could borrow and leverage MUCH MORE than individuals or even hedge funds for example.

< They know what has happened to cause the fail and they facilitated the illegal trade. They also can remedy it with a buy-in as mandated by the rules.>

Yea, and they do plenty... I've seen tons of guys get bought in... I didn't bother with that stuff, although we had to cover a small position on a buy in once.

DAK