HOW APE FTDs WERE COVERED (HINT: CRIME) - AMC Stock Short Squeeze Update

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Links;
https://twitter.com/amchoarder/status/1568492790576988160
https://www.finra.org/rules-guidance/notices/06-28
https://twitter.com/AMCbiggums/status/1568270670395572227
https://twitter.com/ihors3/status/1567974996055846913

The APE FTD's have just been covered with more FTD's! Thats how APE has been removed from the Regulation SHO Threshold Securities List.

If a hedge fund fails to locate a share before shorting, it's classed as an FTD, however, even if a stock is on the threshold securities list, a hedge fund can still short more shares and create more FTDs providing they have the help of a market maker using the bona fide market maker exemption.

If they use the market maker exemption these new FTDs don't count towards the threshold securities list and these new shares can be used to satisfy the old FTDs, thereby removing it from the threshold list.

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Видео HOW APE FTDs WERE COVERED (HINT: CRIME) - AMC Stock Short Squeeze Update канала Thomas James - Investing