Posted On: 10/21/2013 11:14:25 PM
Post# of 66
Re: crazyjerry #54
Interesting SEC info here!
http://www.sec.gov/comments/s7-19-07/s71907-138.htm
Quote:
I believe that Naked Short Sales is Counterfeiting Securities and that this is illegal (a Felony).
Writing a Regulation which appears to be an attempt to legalize any illegal operation, especially a Felony, is beyond my comprehension.
I feel sorry for all the companies who have been forced out of business due to naked shorts and all the owners of these companies and their families who have lost everything, for the benefit of sheer greed and corruption.
http://www.sec.gov/comments/s7-19-07/s71907-138.htm
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