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To: VALUESPEC who wrote (29405)	3/4/1998 1:29:00 PM
From: Jack Sman	Respond to of 41046

And here I thought it was up to the individual brokers. ~ Jack

To: VALUESPEC who wrote (29405)	3/4/1998 1:52:00 PM
From: X Y Zebra	Read Replies (1) \| Respond to of 41046

>>Zebra, you might have mentioned that the Fed determines marginibility, not the NASDAQ. Result? Even if it is listed doesn't mean it will be marginable right away (case in point: QGLY).<< Wrong number yet again, Vile-Shit. (by the way, What the hell is "marginibility"?) The Fed has exactly nothing to do with a stock becoming marginable, not even the SEC nor the NASDAQ, such issue is a non-regulatory decision, that is made by EACH INDIVIDUAL brokerage firm. Once again, you selective amnesia (stupidity) strikes again! Or could it be that you like the attention? If you really are seeking attention, you ought to visit your brothers the pigs, they will be amazed they have a relative that crawls, at least you will be more in your type of environment, you know, the filth... Do not forget to visit the home of the ephemeral insect. pileofshit.com

To: VALUESPEC who wrote (29405)	3/4/1998 2:34:00 PM
From: Seth L.	Read Replies (5) \| Respond to of 41046

Margin The Sec. Exchange act of 1934 granted the power to regulate credit in the purchase of securities to the FEDERAL RESERVE BOARD The SEC is charged with the responibility of enforcing the rules that the FRB establishes. FRB established Reg. T, which governs the extension of credit by broker-dealers; Reg U governs the extension of credit by banks, and reg G govern the extension of credit by lenders other than broker-dealers. Over the counter securities may not be purchased on margin unless the security is specifically designated as elligable by the FRB. The FRB will examine the national interest in the stock, the depth and breadth of the market, and I think suitability of info regarding the issuer.The FRB will not allow listing on the OTC marginable list unless the stock has 4 bonafide MM A stock listed on the national market system is AUTOMATICALLY marginable Spec check your gosh darn facts if you want to continue to post here. SEC has received a copy of your post. Seth