Posted On: 01/09/2014 10:07:20 PM
Post# of 39368

"Enforcement of rules aimed at curbing naked short-selling is weak. Last year regulators fined firms a combined $5 million for violating rules in the stock-lending business, which yields $10 billion of revenue annually for Wall Street. The SEC wants to impose stricter rules on trading and is currently sifting through hundreds of comment letters on proposed amendments to short-selling regulations."

