Posted On: 02/26/2016 1:22:09 PM
Post# of 22940
No, that's a failure to deliver, or fail. There are more complex regulations tied into that, like certain securities are given a 35 day period to cover the short.
https://www.sec.gov/investor/pubs/regsho.htm <~ if you wanna read more
https://www.sec.gov/investor/pubs/regsho.htm <~ if you wanna read more
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