GREY:RNKLF - Post by User
Post by
Mikeymike426on Jan 06, 2019 4:26pm
219 Views
Post# 29192602
What will a petition do ??
What will a petition do ?? A petition with 500 signatures is enough to have the issues tabled at the House of Commons to which they are obligated to respond within 45 days... By bringing awareness to the fraudulent activities in the market benefit everyone. There is a reason that the OSC has put shorting companies on notice that they are being watched. This campaign alone will make people involved in fraudulent activities think twice before acting. With the trade tracking system it will become far more apparent to the average retailer the tactics used to Naked short a stock and which brokerages are doing it. So what will a petition do? Nothing on its own but combined with everything we are doing will help to create a fair playing field by putting pressure on IIROC and the OSC to tighten up the regulations.