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OTC BB Limit Order Protection Pilot is Approved by SEC; Selects e-Net Financial.com for Initial Select Group COSTA MESA, Calif., Aug 8, 2001 (BUSINESS WIRE) -- Vincent Rinehart, President & CEO of e-Net Financial.com Corporation (OTCBB: ENNT) (Frankfurt Exchange:925558.f) announced the selection of e-Net in the SEC`s pilot program. "The securities selected for the pilot were chosen so that the OTCBB can test the effects of limit order protection," wrote the OCTBB in "Update July 2001." "Two hundred of the most actively-traded securities were included. An additional 100 securities were selected from a cross section of all remaining securities," the newsletter continued, ". . .the program is being phased in on Aug. 15, 2001" Mr. Rinehart quoted the publication, stating, "The Limit Order Protection Pilot will prohibit Market Makers from executing proprietary trades at prices superior or equal to a customer limit order, received from one of their own customers or another firm, without proving `contemporaneous` (i.e., within a maximum of five minutes) execution of the customers order." "e-Net is pleased to have been selected by the OTCBB in their Protection Pilot Program, and believes it will assist our shareholders, and future shareholders, in receiving a fair handling of their limit order by Market Makers," said Rinehart. This news release may contain forward-looking statements that involve risks and uncertainties, including American Residential Funding Inc.`s ability to maintain its licensing approvals in multiple states and its ability to expand its branch operations. Operational results of American Residential Funding, Inc. may not be indicative of future results or the results of e-Net Financial.com Corp. for the full fiscal year. For a discussion of factors which could impact e-Net Financial.com Corp`s financial results, or the results of its wholly owned subsidiaries, and cause actual results to differ materially from those in forward-looking statements, refer to e-Net`s recent filings with the SEC, particularly the Jan. 31, 2001 Form 10-QSB filed March 22, 2001. e-Net assumes no obligation to update the forward-looking information contained in this news release and encourages all potential investors to do their own due diligence and suitability analysis before any investment is made. CONTACT: e-NetFinancial.com Corp. Vincent Rinehart, 714/866-2100 www.e-netfinancial.com URL: http://www.businesswire.com Today`s News On The Net - Business Wire`s full file on the Internet with Hyperlinks to your home page. Copyright (C) 2001 Business Wire. All rights reserved. KEYWORD: CALIFORNIA INDUSTRY KEYWORD: BANKING INTERNET SOURCE: e-NetFinancial.com Corp. |
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| aus der Diskussion: | E-Net 5000% die News sind da !!!!! strong by |
| Autor (Datum des Eintrages): | snopy36 (08.08.01 15:30:40) |
| Beitrag: | 9 von 122 (ID:4157055) |
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