OTCQX:SREMF - Post by User
Comment by
LadyJane6on May 30, 2015 11:10am
283 Views
Post# 23780824
RE:RE:RE:RE:RE:RE:?
RE:RE:RE:RE:RE:RE:?Nixonian, I don't know what trading jurisdiction you're in, but things work differently in Ontario. I'm speaking from experience, not theory.
Around the beginning of May, I tried to unload my shares, knowing that RBI is a lost cause. The trade order was to expire on May 29th. A week before the expiry date, the order disappeared out of my account without a sale. When I called to make inquiries, I learned about the trade ban. I then did a bit of digging on the internet and found the trade ban info that I shared earlier. If you click on the various links, you'll eventually find your way to a PDF of the court document.
Canadian banking and securities regulators are much stricter than in the US. This worked in our favour during the sub-prime mortgage fiasco, but it's working against us now.