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| ***NOTICE - - - |
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This is to inform you that the emergency order recently issued by the Securities and Exchange Commission (SEC) regarding short sale transactions has been extended. Customers who sell short are now subject to potential buy-in on settlement date and any time thereafter without prior notification from the broker dealer, if the broker dealer cannot borrow or lend the security being shorted.
Please refer to SEC web site, http://www.sec.gov, for further information regarding the SEC Emergency Order and extension.
If you have any further questions regarding this matter, please contact us.
Sincerely,
Wang Investments
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Important Notice: (June/2/2008)
The U.S. Securities and Exchange Commission (SEC) has approved an Options Clearing Corporation (OCC) proposal to reduce the automatic exercise threshold for equity options from 5 cents to 1 cent. The OCC is scheduled to implement this change with the June 2008 expiration, which is Saturday, June 21, 2008.
Under the expiration procedures, options that are in-the-money at expiration are exercised automatically. For additional details, please contact Wang's office.
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