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Posted On: 03/30/2017 2:39:22 PM
Post# of 15624
this is what can happen to those who engage in naked shorting:
Participants in naked illegal short selling activities can be charged with a crime based on the SEC regulations. In 2014, two Florida State University professors were charged with participating in the illegal practice that resulted in approximately $400,000 in revenue. Ultimately, the accused agreed to a settlement with the SEC in the amount of $670,000
Read more: Naked Shorting Definition | Investopedia http://www.investopedia.com/terms/n/nakedshor...z4cpsv2GSK
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ALSO; investopedia has more info on naked shorting....worth reading....
Participants in naked illegal short selling activities can be charged with a crime based on the SEC regulations. In 2014, two Florida State University professors were charged with participating in the illegal practice that resulted in approximately $400,000 in revenue. Ultimately, the accused agreed to a settlement with the SEC in the amount of $670,000
Read more: Naked Shorting Definition | Investopedia http://www.investopedia.com/terms/n/nakedshor...z4cpsv2GSK
Follow us: Investopedia on Facebook
ALSO; investopedia has more info on naked shorting....worth reading....
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