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PFEX rules amendment for new seat applicants
Summary
The proposed rule change would let new seat applicants buy fish at the auction before the board formally admits them, as long as they post a deposit or letter of credit. It codifies what has long been practice.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Feb 23, 2026.
Impact analysis
💰Financial impact
Requires a cash deposit or letter of credit from new applicants before they can bid.
✅Who benefits
New buyers seeking quick access to the auction and sellers who gain more bidders.
Mentions & discussions (1)
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