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Posted On: 09/16/2018 10:01:49 AM
Post# of 43065
I encourage those who don't think naked shorting is a major problem in our markets to read this as we approach its 10 year anniversary.
Anniversary Coming Tuesday
Market wide audit and accounting for financial firms, due to naked short selling. Threw a net over all of them. https://www.sec.gov/rules/other/2008/34-58592.pdf
Why are our regulators allowing this to go on? IMO they have been conned into believing there would be a complete collapse of our markets were they to stop it. They are captured. T+0 is the solution and it's coming albeit slowly.
Go PTOI!!!
Anniversary Coming Tuesday
Market wide audit and accounting for financial firms, due to naked short selling. Threw a net over all of them. https://www.sec.gov/rules/other/2008/34-58592.pdf
Why are our regulators allowing this to go on? IMO they have been conned into believing there would be a complete collapse of our markets were they to stop it. They are captured. T+0 is the solution and it's coming albeit slowly.
Go PTOI!!!
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