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13 BD1 is not required under the non-tape reporting requirement to submit a non-tape report to indicate that it was acting on behalf of BD2 because BD1 is not the member with the obligation under FINRA rules to report the trade for tape purposes.
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The right to directly trade shares on the exchange is conferred upon owners of the 1366 this system was eliminated long ago. There are special risks associated with uncovered option writing that expose the investor to potentially significant losses. A market maker is obligated to post two-sided quotes across a minimum amount of series and symbols as determined by specific exchange rules.
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