flawed re: marker/error
in response to
by
posted on
Aug 02, 2014 06:24PM
from what I've been able to determine...
a few calls to TSX, SEDI, and IIROC, and in summary: the system is flawed.
this is a really grey area.
this PDF might be of help in trying to follow things (IIROC Notice 8-50: UMIR Rules/Guidance).
about the only thing I can think of is to badger your MPP (or, when the new national regulator is put in place, your MP) to get this sort of nonsense fixed.
an onslaught of complaints to OSC [be professional!] might help too.
especially if Market Surveillance decides the repeated instances of brokers' markers being tagged in error are on purpose (ie, to assist downward pressure in support of accumulation).
but like tipping, that would be kind of hard (read: impossible?) to actually prove.
GLTA,
R.