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Posted On: 11/18/2017 11:18:22 PM
Post# of 72443
I respectfully disagree. The official SEC (not FINRA) failure-to-deliver data shows naked shorting barely exists in IPIX.
https://www.sec.gov/data/foiadocsfailsdatahtm
“In a “naked” short sale, the seller does not borrow or arrange to borrow the securities in time to make delivery to the buyer within the standard three-day settlement period.[3] As a result, the seller fails to deliver securities to the buyer when delivery is due ( known as a “failure to deliver” or “fail” ).”
https://www.sec.gov/investor/pubs/regsho.htm
https://www.sec.gov/data/foiadocsfailsdatahtm
“In a “naked” short sale, the seller does not borrow or arrange to borrow the securities in time to make delivery to the buyer within the standard three-day settlement period.[3] As a result, the seller fails to deliver securities to the buyer when delivery is due ( known as a “failure to deliver” or “fail” ).”
https://www.sec.gov/investor/pubs/regsho.htm
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